Rupee Falls to 95.97 Amid Oil Demand and FPI Outflows
The rupee opened at 95.87 against the US dollar but slipped to 95.97 due to strong dollar demand from oil marketing companies. State-run banks are intervening to prevent the rupee from falling below 96. Foreign portfolio investors have withdrawn around $2.2 billion this month, adding pressure on the currency.
TOI Business·3h ago



