Rupee declines 16 paise to 90.11 against US dollar
after close1 source ↓written by the desknot a recommendation
- The rupee fell
- 16 paise
- against the US
- 90.11
- but slipped
- 90.07
- policy outcome
- 9-10 December
The rupee fell 16 paise to 90.11 against the US dollar in early trade, pressured by high crude oil prices and ongoing foreign fund outflows. It opened at 90.07 but slipped as demand from corporates and foreign investors increased. Investors are now eyeing the Fed's policy outcome on 9-10 December.
Not investment advice. For informational purposes only.