Rupee falls by 48 paise to 86.08 against US dollar
Mumbai, June 13 (UNI) Rupee on Friday depreciated by 48 paise to close at 86.08 against the US dollar, due to a spike in global oil prices and a firm dollar amid rising tensions in the Middle East following a fresh Israel attack on Iran's nuclear sites, a trader said
Negative close in domestic equity markets and heavy FII outflows further contributed to the fall in the local unit, forex traders added
The currency opened 55 paise down at 86.15 against the dollar. It closed the previous session at 85.60.
The partially convertible rupee recorded intra-day high and low at 86.02 and 85.25, respectively, dealers added.
UNI JS BD
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