HOME > MARKETS > DEBT MARKET
  DEBT MARKET
MONEY MARKETS
Rupee weakens against US dollar on Monday
Sep-20-2021

Indian rupee weakened against the US dollar on Monday, tracking strong American currency in the overseas market with investors bracing for the US Federal Reserve to take another step towards tapering this week. Rupee fell further on muted domestic equities, despite foreign fund inflows worth of Rs 1,552.59 crore into the capital market on Friday. However, weak crude oil prices restricted the fall in rupee’s value.

The partially convertible currency is currently trading at 73.64, weaker by 16 paise from its previous close of 73.48 on Friday. The currency touched a high and low of 73.8250 and 73.6250 respectively.

  RELATED NEWS >>