Rupee Ends Flat Amid Stock Slump and Importer Hedging
The Indian rupee closed nearly unchanged at 94.92 against the U.S. dollar, losing 3 paise as stock market declines and importer hedging activities limited gains. Market focus remains on oil prices and foreign capital flows, while bond traders monitor expectations of interest rate hikes. The rupee had briefly gained 9 paise earlier in the day.
Reuters·


