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Rupee falls 14 paise to close near all-time low level at 94.82 against US dollar – OrissaPOST

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Rupee falls 14 paise to close near all-time low level at 94.82 against US dollar – OrissaPOST

Mumbai: The rupee depreciated 14 paise to close near its all-time low at 94.82 (provisional) against the US dollar Wednesday, pressured by rising Brent crude oil prices, hovering around USD 115 per barrel, and continued foreign capital outflows. Forex traders said the elevated crude oil price is likely to sharply impact India's import costs, while the ongoing West Asia crisis…

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