Rupee drops 21 paise to shut at 83.39 in opposition to US greenback

The rupee settled 21 paise decrease at 83.39 (provisional) in opposition to the US greenback on Wednesday, monitoring a unfavorable development in home equities and elevated crude oil costs. Foreign exchange merchants stated greenback demand from importers and oil advertising corporations (OMCs) additionally weighed on the rupee. Nonetheless, overseas inflows within the bond markets forward … Read more