Market News
Rupee dips on importer dollar bids, unaided by uptick in Asian peers - REUTERS
MUMBAI, March 27 (Reuters) - The Indian rupee slipped on Thursday, pressured by routine dollar demand from importers, even as its Asian peers benefited from a broadly weaker dollar. The rupee closed at 85.78 against the U.S. dollar, down 0.1% on the day.
The local unit traded sideways after a decline in early trade that baked in the impact of carry costs following a shift in the spot date from the last day of the current financial year to the first day of the next one.