Rs crashes to over 2-month low of 72.09

Mumbai: The rupee nosedived 62 paise to hit an over two-month low of 72.09 to the US dollar on Wednesday as poor macro data and lingering worries over US-China trade war weighed on sentiment.

At the interbank foreign exchange, the rupee opened on a weak note at 71.75 against the US dollar. As the day progressed, it crashed below the 72-level and touched the day's low of 72.10. The Indian unit finally settled at 72.09 -- registering a fall of 62 paise over its previous close.

This is the lowest closing level for the rupee since September 4.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.02 per cent to 98.32.