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dailyexcelsior.com - 9 days ago

Rupee slumps 25 paise to close at 74.15 against US dollar

Mumbai: The rupee on Friday slumped 25 paise to close at 74.15 (provisional) against the US dollar, as muted domestic equities and elevated crude oil prices weighed on investor sentiments. Forex traders said the local unit fell following more hawkish comments by Federal Reserve officials. At the interbank foreign exchange market, the local currency witnessed an intra-day high of 74.05 and a low of 74.21 against the US dollar. The local unit finally settled at 74.15, down 25 paise over its [ ] The post Rupee slumps 25 paise to close at 74.15 against US dollar appeared first on Jammu Kashmir Latest News | Tourism | Breaking News J K.


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