Rupee to remain under pressure amid global cues and covid concerns, down 2.4% in June: Report
Indian Rupee spot depreciated over 2.4 per cent in June mostly hurt by a sharp rebound in dollar Index, fresh concerns of Delta Variant of COVID-19 and rally in crude oil prices, a brokerage Anand Rathi Share and Stock Broking Limited said in a monthly currency report on Monday.
Indian Rupee had made a sharp rebound in May 2021, but the relief did not last long: PTI