Economic TimesLean R·
Rupee closes at 96.34 vs USD; firmer Asia FX, oil dip offer little comfort as NDF maturities pinch
On Thursday, the Indian rupee experienced a slight decline versus the dollar, influenced by dollar demand associated with expiring non-deliverable forward contracts. Meanwhile, most Asian currencies showed a strengthening trend, and the dollar index maintained stability. Additionally, Brent crude oil prices fell below eighty-five dollars per barrel, while India's Nifty 50 index remained nearly unchanged at market close.
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