The Indian rupee weakened by 5 paise to 83.33 against the US dollar due to a robust dollar abroad and positive domestic equities. Despite this, elevated crude prices and continued foreign capital outflows limited gains. At the interbank forex market, the rupee opened at 83.30 and further slipped to 83.33. The dollar index rose, while Brent crude futures increased to $89.32 per barrel. In domestic markets, the BSE Sensex rose by 103.64 points, and the NSE Nifty advanced by 32.45 points. Foreign institutional investors remained net sellers, offloading shares worth Rs 2,823.33 crore.
Rupee Falls Slightly Against Dollar Amidst Strong Greenback and Crude Prices
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