Rupee slips down against dollar on oil price increase - Mumbai News

Mumbai, Oct 6 (IANS) Rising international oil prices saw the Indian rupee depreciating to Rs 81.94 against the US dollar.

by IANS | Updated Oct 06, 2022

Rupee slips down against dollar on oil price increase - Mumbai News

The rupee opened at Rs 81.52 on Thursday at the interbank forex market and then went down to Rs 81.94.

Experts said demand for dollars from oil importers resulted in a fall in rupee.

The oil prices are expected to climb up as the producing nations have announced their plans to cut production.

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by FreshersLIVE.Publisher : IANS-Media

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