Rupee settles 8p lower at 90.74 against dollar

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<h2>Rupee</h2> <p> settles 8p lower at 90.74 against dollar” title=”Representational image” decoding=”async” fetchpriority=”high”/></p></div> </div> </div> </section> </div></div> </div> <p>NEW DELHI: The rupee fell 8 paise to settle at 90.74 against the US dollar on Monday, weighed down by a strong American currency and foreign fund outflows.</p> <p>According to forex traders, lower crude oil prices and positive domestic equity markets capped a sharp fall in the Indian currency.<!-- --> On Friday, the rupee depreciated 5 paise to settle at 90.66.</p> <p>Jateen Trivedi of LKP Securities said the rupee traded largely flat as market participants remained cautious, while recovery in the secondary market helped stabilise the currency.</p> <p>Brent crude was trading 0.47% lower at $67.43 per barrel in futures trade.</p></div> </div> </div><!-- .entry-content --> <footer class= Tagged:

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