India, July 2 -- The rupee slipped 3 paise to settle at 85.62 against the US dollar on Wednesday, weighed down by weak domestic equity markets and rising crude oil prices.
According to forex traders, a modest rebound in the US dollar also pressured the rupee, as investors await the finalisation of the India-US trade deal, which is nearing completion.
At the interbank foreign exchange, the rupee opened at 85.59 and traded between an intra-day high of 85.57 and a low of 85.75 before closing at 85.62 against the greenback.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....