Rupee skids past 76 per dollar mark on relentless FII outflows, fear of hawkish Fed
NEW DELHI: The rupee weakened past the psychologically significant 76 per US dollar level on Wednesday, shedding as much as 0.3 per cent in early trade as fear of foreign fund outflows intensified following the global strengthening of the US dollar, dealers said. With the greenback remaining firm at over-one-week high, traders rushed to square … Read more
