The Indian rupee slipped against the U.S. dollar in afternoon deals on Monday, as regional shares dropped on weak global cues.
The benchmark S&P BSE Sensex dropped 343.53 points, or 0.70 percent, to 48,691, while the broader NSE Nifty index was down 120.95 points, or 0.84 percent, at 14,312.75.
The Indian rupee slipped to a 6-day low of 73.33 against the greenback from Friday’s closing value of 73.24. On the downside, 76.00 is likely seen as its next support level.
The material has been provided by InstaForex Company – www.instaforex.com
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