Rupee Settles At 79.97 Against U.S. Dollar; Briefly Touches 80/$ Mark

“Indian rupee, opened in the green on strength in domestic equity markets and a weak U.S. dollar. However, rupee weakened in the latter half of the day on surge in crude oil prices and selling pressure by FIIs. FII outflows rose to Rs 1,649 crores on Friday,” said Anuj Choudhary – Research Analyst at Sharekhan by BNP Paribas.

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