💨 Abstract

The Indian rupee ended flat on Tuesday, as a drop in oil prices offset dollar demand from foreign banks. The currency stayed steady due to mild dollar sales from state-run banks and limited speculative appetite. The rupee closed at 84.0375 against the U.S. dollar, slightly above its all-time low on Monday. Asian currencies were also down, while the dollar index neared its two-month high.

Courtesy: theprint.in