Rupee Falls to 94.50 Amid Rising Oil Prices and Market Volatility
The Indian Rupee dropped by 12 paise to settle at 94.50 against the US dollar, pressured by rising crude oil prices and local stock market volatility. Despite some relief from a weaker dollar and falling US treasury yields, the rupee faced challenges. Foreign institutional investors recently purchased equities worth Rs 1,022.32 crore, indicating mixed market sentiments.
TOI Business·


