Finance

INDIAN RUPEE DEPRICIATES 4 PAISE TO 83.36 AGAINST UNITED STATES’ DOLLAR

MUMBAI, Dec. 7, 2023 (TBINN)

Indian Rupee depreciated 4 paise to 83.36 against the U.S. Dollar in the morning session today, tracking the strength of American currency in the overseas market and muted trend in domestic equities.

Forex traders said Rupee is trading in a narrow range as the support from easing crude oil prices was negated by strong dollar demand from importers.

At the interbank foreign exchange, the Rupee opened at 83.36 against the Dollar, registering a fall of 4 paise over its previous close.

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