Indian rupee weakens amid FII outflows
The Indian rupee weakened against the US dollar as foreign fund outflows reached ₹457.34 cr, despite domestic institutional investors buying ₹4,058.22 cr in equities. Lower crude prices and a weaker dollar provided some support.
pre-market1 source ↓written by the desknot a recommendation
The Indian rupee declined against the US dollar due to FII outflows of ₹457.34 cr, while DIIs bought ₹4,058.22 cr in equities. Lower global crude prices and a weaker dollar helped limit losses, as expectations of US rate cuts in 2026 grow. 📉
Not investment advice. For informational purposes only.