Rupee depreciates 10 paise to 83.50 against US dollar in early trade
Forex traders said uncertainty among market players was down as Narendra Modi was sworn in as Prime Minister on Sunday for a record-equalling third term
Forex traders said uncertainty among market players was down as Narendra Modi was sworn in as Prime Minister on Sunday for a record-equalling third term
The local unit ended 1 paise higher at 83.33 a dollar as compared to previous close of 83.34
In the interbank market, PKR closed at a record low of Rs 299 against the US dollar
The rupee had hit a record low of 83.02 in the previous session
The rupee appreciated on positive domestic equities and a weak US dollar
On Friday, the rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar
On Friday, the rupee had slumped 55 paise to close at 76.90 against the US dollar.