INR vs USD: Rupee Falls 52 Paise to 87.43 Against Dollar: What’s Behind the Decline?

– Advertisement – Amid uncertainty over the India-US trade agreement, the rupee on Wednesday fell by 52 paise to close at 87.43 (provisional) per dollar. Forex traders said month-end dollar demand from importers and continued foreign capital outflows also put pressure on the local currency. The rupee opened at 87.10 against the dollar in the interbank […]