Rupee ends almost flat at 74.87 vs USD
The Hindu
Brent crude futures, the global oil benchmark, fell 1.05% to $84.92 per barrel.
The rupee settled just 1 paisa higher at 74.87 (provisional) against the U.S. dollar on Thursday amid a muted trend in domestic equities.
Forex traders said foreign fund outflows, strengthening of the greenback and firm crude prices in the international market restricted the appreciation bias in the local currency.
At the interbank forex market, the local unit opened at 74.86 against the greenback, and moved in a range of 74.69 to 74.89 during the session.
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