Pressure on rupee persists: Currency slips past 90 per dollar, closes 22 paise lower amid dollar strength and FII outflows

The Indian rupee depreciated by 22 paise to settle at 90.20 against the US dollar on Friday, influenced by weak domestic manufacturing data and a stronger greenback. Persistent foreign fund outflows and importer demand pressured …

The Indian rupee depreciated by 22 paise to settle at 90.20 against the US dollar on Friday, influenced by weak domestic manufacturing data and a stronger greenback. Persistent foreign fund outflows and importer demand pressured the currency, though softer crude oil prices.

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