Rupee Falls 6 Paise to Revisit Record Low of 88.15 Against US Dollar

Rupee falls 6 paise to revisit record low of 88.15 against US dollar

Mumbai: The rupee pared initial gains and dropped 6 paise to revisit its record low of 88.15 against the US dollar on Tuesday, amid global trade uncertainties and rising global crude prices. Forex traders said the rupee remained under pressure on worries over US tariffs on India. Moreover, sustained foreign fund outflows also dented investor sentiments. At the interbank foreign exchange, the rupee opened at 87.98 against the US dollar and touche…

Rupee falls 3 paise to close at  88.12 against US dollar

MUMBAI, Sept 9:  The rupee pared initial gains to settle 3 paise lower at 88.12 (provisional) against the US dollar on Tuesday, tracking persistent foreign portfolio outflows and global trade tensions.   Forex traders said the rupee remained under pressure on worries over US tariffs on India and global trade uncertainties. Moreover, sustained foreign fund outflows also dented investor sentiments. At the interbank foreign exchange, the rupee open…