Rupee ends lower on foreign banks’ dollar bids, dip in regional peers

Rupee ends lower on foreign banks’ dollar bids, dip in regional peers

The Indian rupee slipped on Tuesday, tracking mild losses in regional peers and dollar demand from foreign banks, though broader weakness in the greenback limited the decline. The rupee closed at 84.4325 against the U.S. dollar, down 0.2% on the day. The offshore Chinese yuan retreated from a near six-month high hit on Monday on … Read more