Key Points
Mumbai, Jan 26 (PTI) The rupee declined by 8 paise to close at 82.04 against the US dollar on Monday amid geopolitical concerns and firming crude oil prices...
Volatility in equity markets and FII outflows also weighed on the market sentiment, analysts said...
After opening lower, the rupee staged a recovery to hit the days high of 81.94 in morning trade amid early gains in equities and a weaker greenback in the overseas markets...
However, the local currency retreated from early highs amid volatile stock markets and touched a low of 82.05 in afternoon trade at the interbank foreign exchange market...
Market participants are eagerly awaiting key data releases, building permits, and CPI and Non-Farm Payrolls data in the upcoming weeks, as these indicators are closely monitored by global central banks...
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