Rupee slips 5 paise to close at 74.47 against U.S. dollar
The Hindu
On July 26, the rupee had settled at 74.42 against the U.S. dollar
The rupee slipped by 5 paise to close at 74.47 (provisional) against the U.S. currency on July 27 as the dollar strengthened in the overseas markets and the domestic equity indices closed wit losses. Forex traders said the rupee is trading in a narrow range as investors are awaiting cues from the U.S. Fed’s policy decision due on Wednesday and month-end rebalancing. At the interbank foreign exchange market, the local unit opened at 74.36 against the dollar and witnessed an intra-day high of 74.35 and a low of 74.54 during the session.More Related News