21/06/2023 12:11:20 PM | Source: Accord Fintech
Rupee trades flat against US dollar on Wednesday
Indian rupee was trading flat against US dollar on Wednesday, tracking muted domestic equities and stronger American currency with caution ahead of cues on US monetary policy. Moreover, rising crude oil prices and withdrawal of foreign funds from capital markets also adding pressure on rupee. Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Tuesday as they sold shares worth Rs 1,942.62 crore, exchange data showed.
The partially convertible currency is currently trading at its previous close of 82.09 on Tuesday. The currency touched a high and low of 82.1350 and 82.06 respectively.
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