Currency Market News: Rupee slides 9 paise to 85.67 against vs US dollar
The rupee depreciated by 9 paise to 85.67 against the US dollar in early trade on Wednesday, May 21, amid a cautious global environment. Rising US Treasury yields and sustained foreign fund outflows dragged down market sentiment, pressuring the domestic unit further. Forex traders pointed to climbing global crude oil prices as another factor exacerbating…
