Rupee settles at 84.33 against dollar

In the Forex market, the rupee today ended five paise lower to settle at 84 rupees and 33 paise against the US dollar, as the greenback strengthened following US President-elect Donald Trump’s announcement to levy a 25 percent tariff on all products coming from Canada and Mexico and an additional 10 percent tariff on imports from China. The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies, is trading at 106.77 in intra-day trade.  

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