Rupee slips on oil spike, falls 30 paise to 86.34 against US...

Dununu.com Dununu

Sponsored

Rupee slips on oil spike, falls 30 paise to 86.34 against US dollar, traders cite geopolitical crisis & weak equities

RSS Feed Business

Posted

70

The Indian rupee weakened to 86.34 against the US dollar due to rising crude oil prices and geopolitical tensions in the Middle East. A stronger dollar and subdued domestic equities further pressured the rupee. Despite bearish cues, foreign institutional investors were net buyers, purchasing equities worth Rs 1,482.77 crore.

Read Full Article

Please log in to like, share and comment!

ICAI begins review of IndusInd Bank, Gensol accounts, says audit probe may take six months; disciplinary action to follow if lapses found

The ICAI is scrutinizing the financial statements of IndusInd Bank and Gensol Engineering, a...

By 0 2

Kapil Dev not impressed with Pataudi Trophy being renamed, says it feels strange

Kapil Dev voiced his surprise at the Pataudi Trophy's renaming to the Anderson-Tendulkar Trophy,...

By 0 1

'Only God can help us': Indian mountaineer stranded on US mountain; sends SOS message

Shaikh Hasan Khan, an Indian mountaineer from Kerala, is stranded with his team on Denali...

By 0 11

Govt bond push: Sebi eases compliance rules for G-Sec FPIs, KYC norms and disclosure timelines relaxed

SEBI has approved compliance relaxations for Foreign Portfolio Investors (FPIs) investing...

By 0 12

Indigo plane door gets jammed; former Chhattisgarh CM Bhupesh Baghel, mayor among passengers; flyers stuck for 40 minutes

By 0 15