Indian rupee declines again, price reached 73.33 in dollar compared to dollar

Indian rupee declines again, price reached 73.33 in dollar compared to dollar

Indian rupee declines again, price reached 73.33 in dollar compared to dollar
Rupee prices are declining in comparison to Dollar. Now the rupee record has reached the lowest level. According to the new rate on Wednesday, the price of the rupee fell to 73.33 compared to a dollar. While a few hours ago the price was 73.24 against the dollar. Indian rupee has weakened compared to the US dollar for a long time. By issuing a statement from the Narendra Modi government, it has been said that the prices of rupees have not been stopped, though the measures are yet to be seen.

What does the report say on the rupee fall

According to a report in September, due to continuous decline in rupee and rising crude oil prices, the states will get an unexpected tax revenues of Rs 22,700 crore over the budget estimates in the current financial year. It has been estimated in a report. In the inter-bank foreign exchange market, the rupee plunged 28 paise to its new all-time low of 72.73 dollar against the dollar on Tuesday. Crude oil went out of the $ 78 a barrel. The BSE benchmark Sensex fell by 509 points, or 1.34 per cent, to 37,413.13.
A note from SBI Research states that with the increase in petrol and diesel prices, the states will get an unexpected tax revenues of Rs 22,700 crore over the budget estimates in the current financial year. It has been said in the report that with the rise of one dollar per barrel in the price of crude oil, all major 19 states have an average profit of Rs 1,513 crore. It says that Maharashtra will get the maximum benefit of Rs 3,389 crore. After that, Gujarat will get the benefit of Rs 2,842 crore. In Delhi, petrol has been priced at Rs 5.60 per liter and diesel 6.31 per liter.