BusinessRupee Falls 13 Paise to 96.88 Against US Dollar
The Indian rupee depreciated by 13 paise to close at 96.88 against the US dollar on Thursday. The fall was driven by risk aversion in global markets amid escalating geopolitical tensions, strong global dollar, and high Brent crude prices near $104 per barrel. The Reserve Bank of India intervened to support the rupee at lower levels. The rupee traded between 96.65 and 96.79 during the day.
Deccan Herald··Mumbai


