The Indian rupee declined on Wednesday, pressured by strong dollar demand related to the expiry of the November monthly futures contract and month-end payments by importers.
The Indian rupee weakened against the US dollar, reaching 83.44 in early trade due to subdued domestic equities. A falling dollar index and lower Brent crude prices limited further decline. GST ...
The Indian rupee weakened on Wednesday, pressured by strong demand for the U.S. dollar from public sector banks, mostly related to the monthly expiry of currency futures, alongside importers' dollar ...