Rupee snaps 4-day winning streak, drops 8 paise against U.S. dollar
The Hindu
It finally ended at 73.08.
The rupee snapped its four-session winning run to close 8 paise lower at 73.08 against the U.S. dollar on Wednesday as muted domestic equities and a strengthening greenback overseas weighed on the market sentiment. At the interbank forex market, the local unit opened at 73.05 against the American currency and witnessed an intra-day high of 72.92 and a low of 73.50. It finally ended at 73.08, registering a fall of 8 paise over its previous closing. On Tuesday, the rupee had settled at 73.00 against the American currency.
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