Rupee depreciates against US dollar on Thursday
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Indian rupee depreciated against the US dollar on Thursday tracking a negative trend in domestic equities and elevated crude oil prices. Besides, Foreign fund outflows dented the sentiments. Foreign institutional investors (FIIs) net sold shares worth Rs 2,511.74 crore on April 24, provisional data from the NSE showed.
The partially convertible currency is currently trading at 83.39, weaker by 6 paise from its previous close of 83.33 on Wednesday. The currency touched a high and low of 83.39 and 83.34 respectively.
