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Tag: foreign fund outflows

Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India

Posted on January 1, 2025 By Admin No Comments on Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India
Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India

MUMBAI: The rupee dropped 5 paise to 85.69 against the US dollar in early trade on Wednesday, the first session of 2025, as the strength of the American currency in the overseas market and persistent foreign fund outflows weighed on the local unit. Forex traders said the dollar index (DXY) and US 10-year bond yields…

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