Weakness in the oil prices and volatility in the global and domestic stock markets weighed on the factors behind depreciation of the Indian currency.
The rupee, has however, recovered and is currently trading around 76.80, against the previous close of 76.83 per dollar.
Outflow of foreign institutional investments also is a major reason for the weakness in rupee. On Tuesday, foreign investors sold stocks worth Rs 2,095.23 crore.
Forest Land Scam: ED Attaches Assets Of BJP Leader Janardan Mahtre And His infrastructure Firm
US Fed Meeting: Jereome Powell Led US Federal Reserve Keeps Interest Rates 'Unchanged' For Fourth Time
Former Kannauj Lok Sabha Candidate Purushottam Tiwari Joins RLD With Hundreds Of Supporters In Lucknow
Bulandshahr Tragedy: Five Family Members Burned Alive In Car Crash, One Survivor Battles Injuries
