Snapping its four-day winning run, the rupee on Tuesday turned 7 paise weaker to end at 64.43 against the US dollar amid caution ahead of the RBI’s bi-monthly policy review meet tomorrow.

Fresh dollar purchases by State-run banks on behalf of corporate clients and a retreat in local equities after a record-setting run also weighed on the forex trade. ent.

(This article was published on June 6, 2017)
Post Comment

Get more of your favourite news delivered to your inbox

Please enter your email. Thank You.
Newsletter has been successfully subscribed.