💨 Abstract

The Indian rupee fell 6 paise to 85.74 against the US dollar on Tuesday, due to higher crude oil prices and foreign fund outflows. However, the rupee recovered some losses as the American currency weakened and the domestic equity market rebounded. Foreign institutional investors sold Rs 1,491.46 crore in the Indian capital markets on Tuesday.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖