__________________________________________
MUMBAI, Sep. 30, 2024 (TBINN)
Rupee depreciated 6 paise to 83.75 against the United States’ dollar in early trade today amid negative equity market sentiment and outflow of foreign funds.
Forex traders said an upward movement in crude oil prices and a strong Greenback against major overseas rivals due to its increased demand from importers at the month end put pressure on the local unit.
Also, they said, investors showed muted participation awaiting cues from domestic manufacturing P.M.I. (Purchasing Manager’s Index) numbers to be released this week.
Add Comment