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Rupee Falls 16 Paise To 81.96 After A Sharp Rebound In The Dollar



Rupee Falls 16 Paise To 81.96 As Dollar Rebounds Sharply

Rupee Today: Rupee weakens significantly against the dollar in early trade

The rupee weakened in early trade on Tuesday as the dollar strengthened overnight after data showed services activity in the US picked up unexpectedly, offsetting the optimism surrounding China’s easing of its zero-COVID policy. 

Bloomberg showed the rupee was last changing hands at 81.9625 per dollar in early trade, compared to its previous close of 81.7975 on Monday.

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