Rupee falls against US dollar amid global uncertainty
after close1 source ↓written by the desknot a recommendation
- The rupee declined
- 4 paise
- against the US
- 88.69
- level remains crucial
- 88.80
- and support near
- 88.80-89.00
- and support near
- 88.40
The rupee declined 4 paise to 88.69 against the US dollar in early trade, impacted by a strong dollar and rising crude oil prices. The RBI's defense of the 88.80 level remains crucial, with resistance seen between 88.80-89.00 and support near 88.40. This indicates a potential short-term consolidation in the currency market.
Not investment advice. For informational purposes only.