BusinessRupee Falls Below 96 Per Dollar Amid Crude Price Surge
The Indian rupee weakened sharply by 15 paise to 96.14 against the US dollar on Monday, breaching the 96 level for the first time since July 24. The decline was driven by rising crude oil prices, uncertainty over the West Asia crisis, foreign portfolio outflows, and a bearish domestic equity market. Experts expect the RBI to defend the 96 zone with resistance between 96.10 and 96.20.
NDTV Business·4h ago



