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Rupee falls 4 paise to end at 85.52 against US dollar
Hindustan Times
|December 31, 2024
The rupee dropped 4 paise to 85.52 against the US dollar in early trade on Monday, as dollar demand from importers, foreign fund outflows and a muted trend in domestic equities dented investor sentiments.
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Forex traders said the rupee witnessed heavy volatility on Friday as well on Monday amid significant dollar demand linked to the expiry of December currency futures and maturing positions in the outstanding forwards.
This story is from the December 31, 2024 edition of Hindustan Times.
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