Rupee Edges Lower By 8 Paise, Ends Day At 90.99 Per US Dollar
The Indian rupee experienced a slight depreciation against the US dollar, closing at 90.99 per dollar, down by 8 paise from the previous trading session. Opening the day at 90.91, the currency traded within a narrow band of 90.91 to 91.06 at the interbank foreign exchange market. This marginal decline reflects ongoing fluctuations in the forex market amid global economic uncertainties and shifting investor sentiment. The rupee's performance is closely watched, as it impacts various sectors, including trade and inflation. The Reserve Bank of India's monetary policies and broader economic indicators will continue to play a significant role in shaping the rupee's future trajectory.
Originally reported by NDTV Profit. Read original article
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