Rupee snaps 3-day gain against the US dollar on FII outflows

The Indian rupee on Tuesday snapped a 3-day gain against the US dollar pressurized by higher foreign outflows and uptick in crude prices. The rupee was trading at 67.86/$1, down by 44 paise against the US dollar. The home currency opened 18 paise down at 67.61/$1 compared to Mondays closing price of 67.43/$1.

from India Infoline News Service https://ift.tt/2L4wKnI

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