Indian rupee slips tracking higher crude oil prices

Forex traders said a negative trend in domestic equities and foreign fund inflows weighed on investor sentiments

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By PTI

Published: Fri 9 Feb 2024, 9:22 AM

The rupee depreciated 5 paise to 22.618 against the UAE dirham in early trade on Friday, tracking a strong American currency and elevated crude oil prices in the international market.

Forex traders said a negative trend in domestic equities and foreign fund inflows weighed on investor sentiments.

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At the interbank foreign exchange, the rupee opened at 82.96 against the US dollar and touched an early low of 83.01 and a high of 82.95 in initial trade.

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PTI

Published: Fri 9 Feb 2024, 9:22 AM

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