RUPEE DIVES 104 PAISE AGAINST $

Mumbai, Feb. 26: The rupee on Friday posted its biggest single-day fall in nearly 19 months, tumbling 104 paise to close at 73.47 against the US dollar, as a rout in global bond markets weighed on investor sentiments. Besides, rising geopolitical tensions between the US and Syria also led to weaker appetite among investors in domestic forex markets, analysts said. At the interbank forex market, the rupee opened at 72.43 against the dollar, then lost further ground. It finally ended at 73.47.

Lansing (USA), Feb. 26: A former U.S. Olympics gymnastics coach with ties to disgraced sports doctor Larry Nassar killed himself, hours after being charged with turning his Michigan gym into a hub of human trafficking by coercing girls to train and then abusing them.

John Geddert, 63, faced 24 charges that could have carried years in prison had he been convicted. He was supposed to appear in an Eaton County court, near Lansing, but his body was found at a rest area along Interstate 96, according to state police.

“This is a tragic end to a tragic story for everyone involved,” Michigan Attorney General Dana Nessel said.

Nessel earlier announced that Geddert was charged with a bushel of crimes, including sexual assault, human trafficking and running a criminal enterprise. The charges were the latest fallout from the sexual abuse scandal involving Nassar, a former Michigan State University sports doctor now in prison. —