Rupee declines 7 paise to close at 74.62 against US dollar
The rupee weakened by 7 paise to end at 74.62 against the US currency on Wednesday as a stronger dollar and rising crude oil prices weighed on the investor sentiment. The rupee traded in a narrow range ahead of the release of the minutes of US Federal Open Market Committee meeting later in the day, forex dealers said. At the interbank foreign exchange market, the rupee opened at 74.60 per dollar. It hovered in a range of 74.59 to 74.79 during the day before ending at 74.62 against the greenback.…
Read More