MUSCAT: With the decline of Indian stock indices, the value of Indian Rupee fell further against Omani Rial on Tuesday.
According to money exchange houses, one Omani Rial was fetching 220 Indian Rupees in the market at the time of closing, an increase of 30 Paise. On Monday, the Indian rupee closed at 219.70 against 1 OMR.
Forex traders said the rupee remains in a weakening mode due to dollar demand from importers and foreign banks.
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