Rupee falls 4 paise to 83.32 against US dollar in early trade

Monday, 13 November 2023
The Indian rupee fell 4 paise against the US dollar due to negative trends in domestic equities and foreign fund outflows. The rupee opened at 83.31 against the dollar and reached a low of 83.32. Experts predict that the RBI may intervene to keep the rupee within the 83.20-83.30 range. Meanwhile, the dollar index was trading lower, and global oil benchmark Brent crude futures declined. In the domestic equity market, the BSE Sensex and NSE Nifty both experienced declines.

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