The Rupee Declined 9 Paise To 68.83 Against The US Dollar Pressured By A Lower Opening - Dollar Advisory Financial Services

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Thursday 5 July 2018

The Rupee Declined 9 Paise To 68.83 Against The US Dollar Pressured By A Lower Opening



The rupee declined 9 paise to 68.83 against the US dollar, pressured by a lower opening in the domestic stock market.

Increased demand for the American currency from importers and banks amid persistent foreign fund outflows also weighed on the rupee.

Foreign portfolio investors (FPIs) sold shares worth Rs 284.58 crore yesterday, as per provisional data.

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