Rupee falls 8 paise to 95.38 against U.S. dollar in early trade
Summary
- The Indian rupee opened at 95.38 against the U.S. dollar
- The rupee fell 8 paise compared to its previous value
- The exchange rate was observed at the interbank foreign exchange market
Key Facts
- · Rupee value: 95.38 against USD
- · Decrease in value: 8 paise
- · Market: Interbank foreign exchange
Why it matters
The exchange rate affects India's trade balance, foreign investment, and inflation
#Rupee#US Dollar#Forex#Exchange Rate