Sustained foreign fund outflows coupled with spike in crude oil prices weighed down the Indian rupee on Monday. The domestic currency fell by 49 paise to close at 81.89 (provisional) against the US dollar. Besides, a stronger greenback against key rivals also put pressure on the domestic currency. At the interbank foreign exchange market, the local currency opened weak at 81.65, fell further to 81.98 against the American currency. Powered by Commodity Insights
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