Rupee falls 9 paise to close at 83.35 against U.S. dollar
The Hindu
Rupee falls 9 paise to settle at lifetime low of 83.35 vs USD; Sensex, Nifty decline; FIIs net sellers; forex kitty down $462 mn to $590.321 bn.
The rupee declined by 9 paise to settle at 83.35 against the U.S. dollar on Monday, tracking a negative trend in domestic equities.
Foreign fund outflows also weighed on the local unit, forex traders said.
At the interbank foreign exchange market, the local unit opened at 83.25 and settled at its lifetime low level of 83.35 against the dollar, registering a fall of 9 paise from its previous close.
On Friday, the rupee settled at 83.26 against the American currency. Earlier, the rupee closed at its lowest level of 83.33 against the dollar on November 13, this year.
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