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Rupee weakens against US dollar on Friday
Mar-06-2026
The Indian rupee weakened against the US dollar on Friday tracking weak domestic equities and withdrawal of foreign funds from Indian capital market, despite a retreating American currency overseas. Foreign institutional investors sold equities worth Rs 3,752.52 crore on a net basis on Thursday, exchange data showed. However, some losses were limited by likely Reserve ‌Bank of India intervention, and after the US announced a 30-day waiver for Indian refiners to purchase Russian oil to stabilize global supply amid West Asian conflicts.

The partially convertible currency is currently trading at 91.66, weaker by 2 paise from its previous close of 91.64 on Thursday. The currency touched a high and low of 91.68 and 91.59 respectively.
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