Increased demand for the US dollar weighed on the rupee, which slipped by 12 paise in early trade on Thursday. The continuous outflow of foreign funds, along with a lower opening in the domestic stock markets, also affected the rupee’s movement. In early trade, the rupee fell by 12 paise to a low of 68.86 against the greenback. Provisional data from the stock exchanges show that foreign institutional investors (FIIs) have pulled out funds worth Rs 1,327.89 crore during July 3-4, while domestic institutional investors (DIIs) have infused Rs 889.85 crore.For Any More Information Please Visit Our Official Website : www.paceresearchindia.com and Call : 8817774774Wednesday 4 July 2018
Rupee Slips 12 Paise Against US Dollar In Early Trade
Increased demand for the US dollar weighed on the rupee, which slipped by 12 paise in early trade on Thursday. The continuous outflow of foreign funds, along with a lower opening in the domestic stock markets, also affected the rupee’s movement. In early trade, the rupee fell by 12 paise to a low of 68.86 against the greenback. Provisional data from the stock exchanges show that foreign institutional investors (FIIs) have pulled out funds worth Rs 1,327.89 crore during July 3-4, while domestic institutional investors (DIIs) have infused Rs 889.85 crore.For Any More Information Please Visit Our Official Website : www.paceresearchindia.com and Call : 8817774774
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