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October 3, 2024 5:11 PM

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Indian Rupee Falls 14 Paise to 83.96 Against US Dollar

In the Forex market today, Indian rupee ended 14 paise lower at 83 rupees 96 paise against the US dollar. The decline was driven by a strengthening US Dollar, the surge in crude prices and a steep fall of over two per cent in the domestic equity markets.

 

The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies, is trading at 101.89 in intra-day trade.