Rupee falls 10 paise to close at 93.00 against US dollar
Mumbai, Apr 7 (PTI) The rupee depreciated 10 paise to close at 93.00 (provisional) against the US dollar on Tuesday, as investors remained on edge ahead of US President Donald Trump’s deadline for the opening of the Strait of Hormuz and the Reserve Bank’s monetary policy review. Forex traders said the USD/INR pair is trading under pressure, dragged down by unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation. Moreover, market participants will remain watchful of evolving geopolitical headlines and the upcoming RBI monetary policy decision. At the interbank foreign exchange