Rupee slips 2 paise to close at 94.97 vs US dollar
Rupee settled at 94.97 (provisional) on Wednesday, down 2 paise. Traders cited foreign inflow support being offset by weaker local equities and a stronger US dollar.
The rupee traded in a tight range and settled for the day at 94.97 (provisional) on Wednesday, recording a marginal loss of 2 paise as the support from foreign capital inflows was negated by weak local equities and a strong US dollar.Forex traders said the RBI is keeping a tab on the rupee’s fall a…