Rupee drops 15 paise to 78.13 against US dollar
Snapping its three-day rising streak, the rupee declined 15 paise to close at 78.13 against the US dollar on Tuesday as persistent foreign fund outflows and a jump in crude oil prices weighed on investor sentiment.
At the interbank foreign exchange market, the local currency opened at 78.00 and traded in a narrow range. It finally ended at 78.13, down 15 paise over its previous close of 77.98. Pic: Pixabay