Rupee loses 13 paise to close at 96.42 per US dollar
60-Word AI Digest
The rupee weakened 13 paise to close at 96.42 against the dollar, its weakest level in over two months, pressured by persistent foreign investor outflows and oil companies’ dollar demand. RBI intervention limited losses, while markets awaited the central bank’s policy commentary.
Key Takeaways
- The rupee weakened 13 paise to close at 96.42 against the dollar, its weakest level in over two months, pressured by persistent foreign investor outflows and oil companies’ dollar demand.
- RBI intervention limited losses, while markets awaited the central bank’s policy commentary.
- Full details and original dispatch available below.
The rupee weakened 13 paise to close at 96.42 against the dollar, its weakest level in over two months, pressured by persistent foreign investor outflows and oil companies’ dollar demand. RBI intervention limited losses, while markets awaited the central bank’s policy commentary.
Original Publisher Attribution
This summary was curated from Economic Times.