Rupee weakens against US dollar on Friday

Indian rupee weakened against the US dollar on Friday amid negative sentiments in domestic equities. Traders were cautious with provisional data from the NSE showed foreign institutional investors (FIIs) net sold Rs 2,823.33 crore shares on April 25, 2024.Investors ignored UNCTAD's report: India's services exports grew 11.4% to $345B in 2023 despite global uncertainties.

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