Daily Excelsior

MUMBAI, Apr 20: The rupee pared its initial gains and settled with a loss of 19 paise at 93.10 (provisional) against the US dollar on Monday, after fresh tension in West Asia led to an increased demand for the American currency and kept crude prices steady. Forex traders said the local currency remained under pressure due to a fresh standoff between the US and Iran that led to a closure of the Strait of Hormuz, disrupting global supply. At the [] The post Rupee falls 19 paise to settle at 93.10