Commodities & currencyEconomic Times
Rupee falls 35 paise to 94.04 on dollar demand
Positive+4
GreyOak summary
The Indian rupee weakened 35 paise to close at 94.04 against the US dollar due to strong demand from nationalized banks and importers. This pressure was exacerbated by hotter-than-expected US inflation data and rising US treasury yields.
What it affects
- USD/INRPositive +4
Rupee fell 35 paise to 94.04.Rolling sentiment Positive +30
