
Currency watch: Rupee ends 12 paise lower at 85.92 against dollar; FPI outflows continue
The rupee weakened by 12 paise to close at 85.92 against the US dollar on Monday, hit by rising global crude oil prices and a firm greenback, even as the Reserve Bank of India stepped in to limit losses. The domestic unit had ended at 85.80 per dollar on Friday.At the interbank foreign exchange market,…