The local unit weakened 14 paisa for the fourth consecutive day and ended at 83.96 per US dollar, versus its previous close of 83.82/$1, LSEG data showed. Likely central bank intervention kept the local currency from crossing the 84/$1 mark, traders said.
ETMarkets Smart Talk: The Psychology of investing! Staying grounded in a bull market, says Nimesh Chandan
Swaying with the pendulum of market mood can compel the investor to buy during a bubble and sell during a crash. But it is important