Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Rupee Ends Three-Day Rally, Drops 6 Paise to 87.12 Against USD Amid Trade Tariff Uncertainties and FII Outflows</h1> The rupee ended its three-day rally, falling 6 paise to settle at 87.12 against the US dollar due to trade tariff uncertainties and foreign fund outflows. Despite positive equity markets, a weaker US dollar, and easing crude oil prices, the local currency faced volatility. Initially, the rupee gained as the US delayed higher tariffs on Canada and Mexico, and the Reserve Bank of India infused Rs 1.9 trillion liquidity. However, selling pressure by foreign institutional investors led to its decline. Analysts predict a slight positive bias for the rupee amid domestic market strength, though FII outflows may limit gains.