Rupee reverses gains, weakens against US dollar
Rupee reverses gains, weakens against US dollar as it failed to extend its winning streak against the US dollar on Thursday. The currency traded around 83.45 per USD, pressured by stronger dollar sentiment globally and muted risk appetite. Persistent foreign fund outflows and rising crude prices added downward pressure.
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This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.