Rupee hits three-week low as higher dollar demand weighs
The rupee weakened 20 paise to a three-week low of 95.39 against the dollar on Monday. Higher dollar demand, fresh arbitrage activity between onshore and offshore markets, and a stronger dollar index put pressure on the Indian currency.
The Bharath News1 min readSource: ET Markets
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The rupee weakened 20 paise to a three-week low of 95.39 against the dollar on Monday. Higher dollar demand, fresh arbitrage activity between onshore and offshore markets, and a stronger dollar index put pressure on the Indian currency.
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