Rupee loses nearly 50 Paise in a day, closes at 87.33

Maturities in the non-deliverable forwards (NDF) market also pressured the currency that has been buffeted by foreign fund sales of local equities since late September. Maturities in the non-deliverable forwards (NDF) market also pressured the currency that has been buffeted by foreign fund sales of local equities since late September.  Economic Times