Rupee ends little changed, fall in oil prices counters decline in Asia FX

 


The Indian rupee remained relatively stable on Tuesday, as a decline in crude oil prices balanced out the effects of weaker Asian currencies and increased dollar demand from foreign banks.


The rupee finished at 84.0375 against the U.S. dollar, slightly up from the previous session’s close of 84.06. It had reached an all-time low of 84.0750 on Monday.

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