Rupee falls 14 paise to close at 94.65 against U.S. dollar

๐Ÿ‡ฎ๐Ÿ‡ณ The Hindu (IN) —
Rupee falls 14 paise to close at 94.65 against U.S. dollar

AI Summary

The Indian rupee fell by 14 paise, closing at 94.65 against the U.S. dollar due to month-end corporate import demand and ongoing risk-off sentiment among forex traders. The rupee's slight depreciation reflects current market conditions in the foreign exchange market.

Forex traders said the rupee slipped to 94.58 against the U.S. dollar, driven by month-end corporate import demand and lingering risk-off sentiment

Markets Indian rupee forex U.S. dollar currency exchange market sentiment corporate imports

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