STOCK MARKET BSE NSE

Rupee settles 4 paise down at 71.35, slides for 6th day

On a weekly basis rupee has depreciated by 19 paise.

Published: 27th December 2019 05:27 PM  |   Last Updated: 27th December 2019 05:27 PM   |  A+A-

Indian currency, rupees, INR, money

For representational purposes ( File Photo | Reuters)

By PTI

MUMBAI:  The rupee depreciated by 4 paise to close at a fresh three-week low of 71.35 against the US dollar on Friday, continuing its losing streak for the sixth day in a row amid steady rise in crude oil prices.

Forex traders said the USD/INR spot has been trading in a tight range amid lack of cues. At the interbank foreign exchange market, the domestic currency opened at 71.26 and later fluctuated between a high of 71.19 and a low of 71.40.

The domestic unit finally settled at 71.35, showing a fall of 4 paise over its previous close of 71.31 on Thursday. On a weekly basis rupee has depreciated by 19 paise.


TAGS
Rupee

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp