Indian Rupee Weakens Against US Dollar

Foreign Fund Outflows Impact Rupee

Foreign institutional investors sold shares worth Rs 564.06 crore, contributing to the rupee depreciation in the capital markets.

Investors Cautious Amidst Key Events

Investors await Federal Reserve Chair Jerome Powell's testimony and US jobs data, impacting the rupee's trajectory.

Crude Oil Prices Influence Rupee

Despite falling crude oil prices, rupee's depreciation was limited, providing some stability to the currency's value.

The rupee currently trades at 82.84
 (as of 6:15 pm, 6th March 2024) against the US dollar.

Rupee's Current Trading Position

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