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The Economic Times
The Economic Times
Business

Rupee snaps six-session winning streak as firmer dollar pinches

The Indian rupee snapped a six-day-long run of ​gains on Monday, as ​the dollar hovered near a one-year peak against a ​basket of peers even as a retreat in oil prices soothed worries over spillovers from the U.S.-Iran war.

The currency ended the trading session at 94.6775 per dollar, down 0.4% ‌from its ⁠close ⁠on Friday. The rupee had risen about 1% in the preceding six sessions.

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