New Delhi, July 18(HS): The rupee closed weaker against the dollar today, slipping by 6 paise to 86.15, down from 86.09 in the last session. Initially, it gained 9 paise, trading at 86 rupees, but faced pressure during the day, dropping to 86.24. A subsequent dollar index weakness allowed it to recover, reaching 85.97, but foreign investor selling in the stock market increased dollar demand, leading to the final closing level.

Additionally, the rupee depreciated against other major currencies, falling by 49 paise to 115.80 against the GBP and by 47 paise to 100.23 against the euro. Overall, despite some fluctuations, the rupee’s trend was downward against both the dollar and other major currencies.

Hindusthan Samachar / Jun Sarkar