Rupee falls 1 paisa to close at all-time low of 83.72 against US dollar

Rupee falls 1 paisa to close at all-time low of 83.72 against US dollar

Mumbai: The rupee fell 1 paisa to close at an all-time low of 83.72 (provisional) against the US dollar on Thursday, dragged down by demand for the American currency in the overseas market and significant foreign fund outflows. Forex traders said the fall in domestic unit came on the heels of a significant downturn in … Read more

Rupee falls 3 paise to close at 83.69 against US dollar post-budget

Rupee falls 3 paise to close at 83.69 against US dollar post-budget

Mumbai: The rupee declined 3 paise to 83.69 against the US dollar on Tuesday after the government raised tax rates on capital gains in the FY25 Budget. Besides, a weak tone in the US dollar and weakness in crude oil prices also put pressure on the domestic unit, forex traders said. At the interbank foreign … Read more