The Indian rupee declined on Thursday as dollar demand from local oil companies weighed on the local unit, while traders awaited GDP and labour market data from the United States....
Oil companies lapped up dollars throughout the session and some foreign banks were on bid as well, likely on behalf of custodian clients, a foreign exchange trader at a private bank said....
While the rupee had strengthened to a high of 82.90 on Monday, it has since shed gains despite some softness in the U.S. dol
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2023-12-21 00:00:00.0