At the interbank foreign exchange, the local unit opened slightly weak at 83.66 against the American currency. File
| Photo Credit: The Hindu
The rupee depreciated by 6 paise to settle at 83.64 (provisional) against the U.S. dollar on Thursday (September 26, 2024), dragged by sustained foreign fund outflows.
“However, a decline in global crude prices and a firm trend in domestic equities restricted the rupee losses,” forex traders said.
At the interbank foreign exchange, the local unit opened slightly weak at 83.66 against the American currency. During the session, it dropped 13 paise to touch 83.71.
However, the local unit recovered some lost ground to settle at 83.64, a decline of 6 paise against its previous close.
On Tuesday (September 24, 2024), the rupee closed at 83.58 against the American currency.
On the domestic equity markets front, the Sensex climbed 666.25 points to…
