INSUBCONTINENT EXCLUSIVE:
INR VS USD: Rupee finished at fresh lifetime low of 74.06 against the dollar on Monday.MUMBAI: The rupee made a cautious recovery of 18
paise to 73.88 against the US dollar Tuesday on fresh selling of the American currency by banks and exporters.Besides, the dollar's overseas
weakness, easing global crude oil price and higher opening in the domestic stock market supported recovery in the domestic unit, traders
said. At the forex market, the local currency was trading 18 paise higher at 73.88 in early trade. The International Monetary
Fund's forecast of a growth rate of 7.3 per cent for India in the current year of 2018 and that of 7.4 per cent in 2019, too, boosted
investor sentiment here. In the previous session Monday, the rupee slumped 30 paise to finish at a fresh lifetime low of 74.06 against
the US dollar. (Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a
