Rupee Dips 3 Paise to 90.64 Against US Dollar Amidst Market Volatility

• The rupee closed 3 paise lower at 90.64 against the US dollar on Friday.
• The depreciation was influenced by a strong American currency overseas and a negative trend in domestic equities.
• The rupee traded in a narrow range, opening at 90.69 and touching an intraday high of 90.60 and a low of 90.79.
• Domestic equity markets saw significant drops, with Sensex tumbling 1,048.16 points and Nifty dropping 336.10 points.
• India introduced a new Consumer Price Index (CPI) series, with January data at 2.75 percent, covering more goods and services.