Rupee falls 11 paise to 95.84 against U.S. dollar in early trade
Higher crude oil prices, a firmer dollar and weaker equities kept the rupee under pressure as foreign investors sold shares, traders said.
5 Articles
5 Articles
Rupee falls 22 paise as crude, dollar demand rise
The rupee weakened 22 paise to 95.96 per dollar as strong importer demand, rising crude prices and global bond yields pressured the currency. Traders said RBI intervened through state-owned banks, while US-Iran tensions raised inflation and rate-hike concerns.
Rupee Slips 11 Paise to 95.84 Against US Dollar Amid Global Uncertainty
Noida, Sep 24 (APAC Media): The rupee declined 11 paise to 95.84 against the US dollar in early trade on Thursday, weighed down by a stronger American currency, elevated crude oil prices and continued geopolitical uncertainty. At the interbank foreign exchange market, the rupee opened at 95.84 against the US dollar, compared with its previous […] The post Rupee Slips 11 Paise to 95.84 Against US Dollar Amid Global Uncertainty first appeared on A…
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