Rupee plunges 14 paise to settle at 83.96 against $ as crude oil boils
Millennium Post Delhi|October 04, 2024
MUMBAI: Rupee depreciated 14 paise to settle at 83.96 (provisional) against the US dollar on Thursday, as volatile geopolitical situation triggered a surge in crude oil prices and weighed down by a steep fall of over two per cent in domestic equity markets.

According to forex traders, a strong American currency and unabated outflow of foreign funds fuelled by the bullish Chinese markets also accelerated the rupee's slide.

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