The rupee snapped its three-day rally and settled with a loss of 6 paise at 87.12 against the US dollar on Thursday amid uncertainty over trade tariffs and persistent foreign fund outflows.
Forex traders said the depreciation in the Indian rupee was influenced by several factors, including the weakening of regional currencies, selling pressure from foreign investors, and a recovery in global commodity prices, all of which put downward pressure on the local currency.
While a positive equity market, weakness of the American currency in the overseas market and easing crude oil prices contained the losses for the local unit.
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