Currency Market News: Rupee slips 9 paise to 85.96 vs dollar; all eyes on RBI policy outcome
Rupee weakened by 9 paise to 85.96 against the US dollar in early trade on Thursday, weighed down by strong dollar demand from foreign investors, oil companies, and importers. Market participants are treading cautiously ahead of the Reserve Bank of India’s key monetary policy announcement scheduled for Friday. At the interbank foreign exchange market, the…