Rupee falls 14 paise to close near all-time low level at 94.82 against US dollar
The rupee depreciated 14 paise to close near its all-time low at 94.82 (provisional) against the US dollar on Wednesday, pressured by rising Brent crude oil prices, hovering around $115 per barrel, and continued foreign capital outflows. Forex traders said the elevated crude oil price is likely to sharply impact India’s import costs, while the…
