Rupee Falls to Over One-Week Low Near 96/USD Amid Oil Concerns
The Indian rupee dropped to a two-month low, crossing the key 96/USD mark due to rising oil prices and ongoing foreign capital outflows. The rupee fell by 16 paise to 96.13 in early trade and closed 28 paise lower at 96.03 against the US dollar. The Reserve Bank of India intervened to cap the fall near 96/USD.
Reuters·1d ago



