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Oil Surge: Rupee ends at...

MUMBAI: The rupee closed at a...

Oil Surge: Rupee ends at new low of 83.27/$ as oil surge- Analysts review forecasts, may remain under pressure ahead of US fed rate...

MUMBAI: The rupee closed at a record low of 83.27 against the dollar, down nine paise from Friday. The previous all-time closing low was 83.21, recorded on September 7. The rupee weakening despite RBI selling dollars in the forex market is causing analysts to review their forecasts.“The dollar-rupee pair closed after breaching crucial resistance levels of 83.1. The currency pair had been range-bound for almost a year. The markets will keenly watch the weekly close for further clues. If the rupee depreciates further during the week, there is...

Oil Surge: Rupee...

MUMBAI: The rupee closed at a record low of 83.27 against the dollar, down nine paise from Friday. The previous all-time closing low...