Rupee Edges Lower, Moves Away From 66 Levels: 5 Things To Know
The rupee edged lower against the US dollar on Tuesday, moving away from a one-month high of 66.85 touched against the greenback the previous day. The next major trigger for the rupee will be the Reserve Bank of India's policy statement on Wednesday, a day the central bank is expected to hold key rates, say analysts. The rupee, down 5 per cent against the US dollar so far this year, had last month weakened to 18-month lows around 68 against the US dollar, tracking a surge in global crude oil prices.
Here are five things to know about the rupee's movement against the US dollar (INR vs USD) on Tuesday:
(With agency inputs)
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