The Indian rupee ended little changed on Friday as dollar demand from state-run banks offset the potential impact of inflows into local equities. The rupee closed at 83.8625 against the US dollar, nearly flat compared to its previous close of 83.87. While most Asian currencies rallied between 2% and 6% in August, the rupee weakened by 0.2%, marking its second consecutive monthly decline.
| Subscribe To Our Free Newsletter |
