The Indian rupee weakened on Monday. Importers’ demand for dollars at month-end put pressure on the currency. However, the rupee mostly avoided the impact of a stronger dollar. This was due to a lack of significant outflows. Investors are awaiting U.S. economic data and the Federal Reserve’s policy decision. European equities rose, and the euro declined following a U.S.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets