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Indian rupee little changed against US dollar on Monday

12 Jun 2023 Evaluate

Indian rupee was little changed against the US dollar on Monday as easing crude oil prices and firm trend in domestic equities supporting domestic currency. Meanwhile, investors are remained cautious ahead of key monetary policy decisions from the US Federal Reserve and the European Central Bank. Exchange data showed Foreign Institutional Investors were net sellers in the capital market as they offloaded shares worth Rs 308.97 crore on Friday. 

The partially convertible currency is currently trading at 82.45, stronger by 2 paise from its previous close of 82.47 on Friday. The currency touched a high and low of 82.4675 and 82.4050 respectively.

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