The rupee fell 2 paise to close at 84.49 (provisional) against US dollar on Friday, dragged down by significant foreign fund outflows and month-end dollar demand from importers. Forex traders said, ...

The Indian rupee closed at 84.49 against the US dollar on Friday, driven by foreign fund outflows and importer demand.

Notable investors include ICICI Mutual Fund, which was allotted 4.25 crore shares, making up 12.78% of the issue. Other domestic mutual funds, including HDFC, received 1.97 crore shares, or 5.95%, ...