Key Points
Mumbai, Sep 27 (PTI) The rupee declined 3 paise to settle at 83.69 against the US dollar on Friday amid subdued domestic equity markets and increased month-end demand for the American currency...
However, sliding crude prices in the international market and renewed foreign fund inflows supported the local unit and restricted the fall, forex dealers said...
At the interbank foreign exchange, the local unit opened at 83.64 and moved between the high of 83.62 and the low of 83.71 during the session..
He said the rupee is expected to trade with a slight positive bias amid positive global markets and rising odds of a rate cut by the Federal Reserve...
On the domestic equity markets front, the Sensex fell 264.27 points or 0.31 per cent to settle at 85,571.85, while the Nifty declined 37.10 points or 0.14 per cent to 26,178.95...
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