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Rupee falls 3 paise to close at 94.92 against US dollar

Deccan Herald
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Rupee falls 3 paise to close at 94.92 against US dollar
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Mumbai: The rupee pared its initial gains and settled lower by 3 paise for the day at 94.92 (provisional) against the US dollar on Monday, weighed down by a sharp fall in the domestic equity markets and a recovery in crude oil prices.The rupee snapped its six-session winning streak and settled in the negative territory amid continued pressure from foreign institutional investor (FII) outflows and elevated crude oil prices.At the interbank foreign exchange market, the rupee opened at 94.90 agains

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