In the forex market, the domestic currency Indian rupee has slipped again. On today, the Indian rupee has slipped by 23 paise to reach 7.66 against the US dollar at the early hours of trading.
The reason for the downfall of the domestic currency is the rising crude oil prices and outflow foreign funds.
At the Interbank Foreign Exchange Market, the Indian rupee opened weak at 71.56 against the US dollar and then fell to 71.66 registering a decline of 23 paise.
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