Finance

RUPEE SETTLES 2 PAISE LOWER AGAINST UNITED STATES’ DOLLAR

MUMBAI, Nov. 6, 2023 (TBINN)

Indian Rupee pared its initial gains and settled for the day 2 paise lower at 83.22 (provisional) against United States’ dollar as the support from positive domestic equities was negated by rising crude oil prices.

Forex traders said a positive trend in domestic equities supported the local unit at lower levels and restricted the downside.

At the interbank foreign exchange market, local unit opened at 83.17 and touched a low level of 83.24 against the Greenback.

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