Turkish president says the move is also aimed at increasing the amount of humanitarian aid entering Gaza
The Indian rupee slumped 17 paise to 75.22 against the US dollar (or 20.50 versus dirham) on Thursday morning following losses in domestic equity markets amid concerns over an unprecedented spike in Covid-19 cases.
Foreign fund outflows also weighed on investors' sentiments.
Rupee opened sharply lower at 75.19 against the dollar in the morning, and lost further ground to dip at 75.22, a fall of 17 paise over its previous close. The currency fell as low as 75.23 in early trade.
The number of new Covid-19 cases in India hit a record daily high of over 200,000, while the active cases surpassed the 1.4 million (m) mark.
The 30-share benchmark BSE Sensex was trading 269.37 points or 0.55 per cent lower at 48,274.69.
Similarly, the broader 50-share NSE Nifty slipped 68.60 points or 0.47 per cent to 14,436.20.
-waheedabbas@khaleejtimes.com
Turkish president says the move is also aimed at increasing the amount of humanitarian aid entering Gaza
In another case at the same airport, officials apprehended five foreign nationals who tried to smuggle gold worth Rs.24.4 million
More than 2,000 pro-Palestinian protesters arrested in the past two weeks across the US
Fireballs and Smash tied for the lead in the team event at the $25 million 54 hole tournament
The hosts strengthened their chances of securing a slot in the semifinals with a 70-run victory in Abu Dhabi
The group has a presence in five countries and eyes further geographic expansion, especially in India
The severity of the situation gradually eased from Thursday evening, when it receded in the north and east of the country
Cyclone Hidaya is predicted to cause torrential rain, strong winds and powerful and dangerous waves in the flood-ravaged country