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Rupee Edges Lower Against US Dollar: 5 Things To Know

Dollar-rupee conversion rate: The rupee is down nearly 8 per cent against the US dollar so far this year
Dollar-rupee conversion rate: The rupee is down nearly 8 per cent against the US dollar so far this year
The rupee (INR) shed 11 paise to close at 68.83 against the US dollar (USD) on Tuesday. Demand for the dollar by importers led to some depreciation for the rupee, say analysts. World share markets remained near three-week highs, supported by optimism about US company earnings and the notion that global economic growth can withstand trade tensions. The dollar index, which measures the greenback against a basket of currencies, rose 0.1...
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