So far this year, the rupee has declined 13.5%, while foreign investors have sold $4.36 billion and $8.40 billion in the equity and debt markets, respectively. Photo: MintMumbai: The Indian rupee on Tuesday weakened marginally against the US dollar, tracking mixed Asian cues. At 9.15am, the rupee was trading at 73.89 a dollar, down 0.1% from its Monday’s close of 73.82. The 10-year gilt yield stood at 7.945% from its previous close of 7.923%. The dollar index, which measures the US currency’s strength against major currencies, was trading at 95.14, up 0.08% from its previous close of 95.059.
Source: Mint October 16, 2018 04:07 UTC