{"id":595470,"date":"2023-08-03T09:47:28","date_gmt":"2023-08-03T04:17:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=595470"},"modified":"2023-08-03T10:02:23","modified_gmt":"2023-08-03T04:32:23","slug":"rupee-slips-to-near-one-month-low-after-us-downgrade-oil-firms-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rupee-slips-to-near-one-month-low-after-us-downgrade-oil-firms-demand\/","title":{"rendered":"Rupee slips to near one month low after US downgrade, oil firms demand"},"content":{"rendered":"<p>The rupee depreciated 33 paise on Wednesday and settled at a nearly one-month low of Rs. 82.59 per US dollar due to demand for safe-haven currencies after the US\u2019 credit rating was downgraded by Fitch from \u2018AAA\u2019 to \u2018AA+\u2019, citing an \u201cexpected fiscal deterioration over the next three years\u201d.<\/p>\n<p>This led to risk aversion sentiment among investors, said dealers, adding that the dollar demand by oil companies was also a reason for the currency to weaken.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rupee depreciated 33 paise on Wednesday and settled at a nearly one-month low of Rs. 82.59 per US dollar due to demand for safe-haven currencies after the US\u2019 credit rating was downgraded by Fitch from \u2018AAA\u2019 to \u2018AA+\u2019, citing an \u201cexpected fiscal deterioration over the next three years\u201d. This led to risk aversion sentiment among investors, said dealers, adding that the dollar demand by oil companies was also a reason for the currency to weaken.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-595470","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=595470"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595470\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=595470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=595470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=595470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}