{"id":7395,"date":"2018-02-22T12:26:12","date_gmt":"2018-02-22T12:26:12","guid":{"rendered":"http:\/\/digitalindianews.in\/?p=7395"},"modified":"2018-02-22T12:26:12","modified_gmt":"2018-02-22T12:26:12","slug":"rupee-in-free-fall-slips-8-paise-to-fresh-3-month-low","status":"publish","type":"post","link":"https:\/\/dinnews.in\/?p=7395","title":{"rendered":"Rupee in free fall, slips 8 paise to fresh 3-month low"},"content":{"rendered":"<p>Extending its losses for the third session, the rupee weakened by 8 paise to trade at fresh 3-month low of 64.87 against the US dollar in opening trade ahead of RBI&#8217;s minutes for the latest policy meeting due later on Wednesday.<\/p>\n<p>Besides heavy demand for the American currency from importers, persistent outflows by foreign funds and the dollar&#8217;s strength against other currencies overseas weighed on the domestic unit, forex dealers said.<\/p>\n<p>A higher opening of the equity market on Wednesday, however, capped the fall.<\/p>\n<p>The benchmark BSE Sensex rose 207.77 points, or 0.61 per cent, to 33,911.36 in early trade.<\/p>\n<p>The rupee ended lower by 58 paise on Tuesday at 64.79 &#8212; its lowest in three months &#8212; on rise in capital outflows.<\/p>\n<p>On a net basis, foreign investors withdrew Rs 850.35 crore yesterday, as per provisional data released by the stock exchanges.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Extending its losses for the third session, the rupee weakened by 8 paise to trade at fresh 3-month low of 64.87 against the US dollar in opening trade ahead of RBI&#8217;s minutes for the latest policy meeting due later on Wednesday. Besides heavy demand for the American currency from importers, persistent outflows by foreign funds and the dollar&#8217;s strength against other currencies overseas weighed on the domestic unit, forex dealers said. A higher opening of the equity market on Wednesday, however, capped the fall. The benchmark BSE Sensex rose 207.77&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7396,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,4],"tags":[],"_links":{"self":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/7395"}],"collection":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7395"}],"version-history":[{"count":1,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/7395\/revisions"}],"predecessor-version":[{"id":7397,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/7395\/revisions\/7397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/media\/7396"}],"wp:attachment":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}