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Forex Market: Indian rupee settles lower

In the forex market the domestic currency the Indian rupee had settled lower against the US dollar.

At the Interbank forex market, the  Indian rupee opened at 73.16. It  touched an intra-day high of 73.08 and a low of 73.41 against the US dollar. The Indian rupee  settled  at 73.29, down 16 paise over its last close of 73.13 a dollar.

The dollar index, which measures the US dollar ’s strength against a basket of six currencies, fell 0.17% to 93.68.

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