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Rupee falls 6 paise to 83.54 against US Dollar in early trade
Updated On: 13 June, 2024 10:07 AM IST | Mumbai | mid-day online correspondent
At the interbank foreign currency market, the rupee began at 83.52 and fell to 83.54 against the dollar, a 6-paise reduction from its previous closing level.
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The Indian rupee fell 6 paise to 83.54 against the US dollar in early trade on Thursday, driven by the US currency`s strength in global markets and rising crude oil prices.
Forex traders remarked that the rupee was also under pressure due to weak domestic macroeconomic indicators. At the interbank foreign currency market, the rupee began at 83.52 and fell to 83.54 against the dollar, a 6-paise reduction from its previous closing level. On Wednesday, the rupee rose 11 paise to settle at 83.48 against the US dollar.
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