Rupee snaps 9-day winning streak, slips 3 paise against U.S. dollar
The Hindu
The rupee is expected to trade in a close range this week.
The rupee snapped its nine-day winning streak to settle 3 paise lower at 74.73 (provisional) against the U.S. dollar on Wednesday, following weakness in domestic equities.
At the interbank foreign exchange, the rupee started on a tepid note at 74.69 against the dollar. During the day, it witnessed a high of 74.68 and a low of 74.86.
On Tuesday, the rupee registered its ninth straight session of gain and surged 30 paise to close at a one-month high of 74.70 against the greenback.
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