Rupee falls 18 paise to close at 74.52 against U.S. dollar
The Hindu
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.21% up at 95.05.
The rupee depreciated by 18 paise to end at 74.52 (provisional) against the U.S. currency on Thursday, as heavy selling pressure in domestic equities and a strong greenback in the overseas market weighed on investor sentiments.
At the interbank foreign exchange market, the local currency opened at 74.44, then lost further ground to quote 74.59 against the American currency.
The local unit finally settled at 74.52 a dollar, down 18 paise over its previous close of 74.34.
More Related News