Mumbai, Aug 9 (PTI) The rupee appreciated by 10 paise to 82.81 against the US dollar in early trade on Wednesday gaining ground from the 8-month low level amid weakening American currency against major rivals overseas.
However, weak equity markets, outflow of foreign funds and crude prices breaching USD 85 per barrel weighed on the local unit, said analysts.
Participants were trading cautiously awaiting the US inflation data, the UK’s GDP number and RBI’s monetary policy decision to be announced on Thursday.
Source :- https://www.ptinews.com/news/business/626632.html
