BusinessRupee Falls 37 Paise to 96.31 Against US Dollar
The Indian rupee fell below the 96 mark to close at 96.31 against the US dollar, its lowest level in over two months. The decline was driven by global market risk aversion, rising global bond yields, and selling pressure from foreign investors. Experts expect continued negative bias due to a strong dollar and rising crude oil prices.
Deccan Herald·49m ago·Mumbai


