The Indian rupee depreciated by 14 paise to trade at 92.42 against the US dollar on Tuesday, pressured by rising crude oil prices and consistent foreign fund outflows amid the West Asia crisis. Subdued domestic equities and a stronger dollar also contributed to the decline, with investors awaiting the US Federal Reserve’s interest rate decision.
The Indian rupee depreciated by 14 paise to trade at 92.42 against the US dollar on Tuesday, pressured by rising crude oil prices and consistent foreign fund outflows amid the West Asia crisis. Subdued domestic equities and a stronger dollar also contributed to the decline, with investors awaiting the US Federal Reserve’s interest rate decision. by Soban News (international And National News)
