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Rupee plunges 20 paise to settle at 83 49 against US dollar

Forex traders said increased month-end demand of greenback by oil marketing companies also weighed on the Indian currency even as it found some support due to lower level of crude oil prices.

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Rupee plunges 20 paise to settle at 83 49 against U S dollar

Rupee plunges 20 paise to settle at 83 49 against U S dollar
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Currency market today: Rupee plunges 20 paise to settle at 83 49 against US dollar

Currency market today: Rupee plunges 20 paise to settle at 83 49 against US dollar
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Rupee Dips Amid Volatile Markets and Month-End Dollar Demand

Rupee Dips Amid Volatile Markets and Month-End Dollar Demand
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Rupee falls 10 paise to settle at 83 48 against US dollar

The rupee declined 10 paise to close at 83.48 (provisional) against the US dollar on Monday, as investors remained cautious ahead of the US Federal Reserve’s monetary policy decision. A robust sentiment in the domestic equity market and softening crude prices in the international market,

Mohammed imranMarket committeeResearch analystAnuj choudhary research analystFederal open market committeeChoudhary research analystMiddle eastRupee falls 10 paise to settle at 83 48 against us dollar