Rupee slips to 73.32 against dollar ahead of FOMC announcement

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Extending its losses for seventh straight session, the rupee slipped by 1 paisa to end at 73.32 against the US dollar following risk-off sentiment among investors ahead of the outcome of the US Federal Reserve meeting.

At the interbank foreign exchange market, the rupee opened at 73.29 per dollar as against its previous close of 73.31.

It hovered in the range of 73.26 to 73.38 during the day. The domestic currency has lost 52 paise in the seven trading sessions to Wednesday.

Daily Pioneer
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