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Rupee rises 1 paisa to 84.04 against dollar
Millennium Post Delhi
|October 16, 2024
MUMBAI: The rupee witnessed a range-bound trade and appreciated 1 paisa to 84.04 against the US dollar on Tuesday, as weak crude oil prices and suspected intervention by the Reserve Bank supported the local currency at lower levels.
Forex traders said the rupee was weighed down by significant foreign fund outflows, a negative trend in domestic equities and the overall strength of the American currency in the overseas market.
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