Date:19/08/2008 URL: http://www.thehindu.com/2008/08/19/stories/2008081960491800.htm

Business - Briefly

Rupee plummets 58 paise

MUMBAI: After breaching the 43-mark in the previous day’s trade, the rupee on Monday nosedived by another 58 paise against the dollar to close at nearly one-and-a half-year low of 43.59/60 on sustained demand for the dollar from oil companies.