Rupee Slips Down to 8-Week Low

The rupee on Monday drooped to its most minimal level in almost two months, shedding 24 paise to close at 74.10 to the US dollar as members turned careful catching unfamiliar asset outpourings after hawkish remarks from the US Federal Reserve. At the interbank forex market, the homegrown unit opened frail at 74.20 against the American cash, pared some underlying misfortunes, lastly shut down at 74.10, showing a fall of 24 paise over its past close.