Friday, Mar 29 2024 | Time 04:27 Hrs(IST)
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Business Economy


Rupee falls by 21 paise against USD

Rupee falls by 21 paise against USD

Mumbai, Dec 14 (UNI) The Rupee on Friday declined by 21 paise to

71.89 on brisk demand for the greenback by bankers and importers,

dealers at Forex Market said.

The domestic unit decline due to strengthening of the US dollar

against other currencies overseas.

According to forex dealers, fresh foreign fund inflows capped the

rupee’s losses.

The domestic unit opened on a weak note at 71.80 at the interbank

forex market today.

The local unit recorded intra day high and low at 72.05 and

71.69 respectively.

On Thursday the rupee snapping it three day downward streak rose by

33 paise to end postive at 71.68 against USD.

UNI JS SM SHK1804

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