Foreign money market in the present day: Rupee plunges 20 paise to settle at 83.49 towards US greenback

The rupee paired all its early positive factors and settled with a steep lack of 20 paise at 83.49 (provisional) towards the US greenback on Friday amid risky home fairness markets and unabated outflow of overseas funds. Foreign exchange merchants stated elevated month-end demand of buck by oil advertising corporations additionally weighed on the Indian … Read more