BusinessRupee Hits Two-Month Low at 96.15 Against Dollar
The Indian rupee dropped to ₹96.1475 per dollar, marking a two-month low amid rising oil prices and foreign investor outflows. The Reserve Bank of India is expected to intervene to stabilize the currency. However, ongoing concerns over high oil prices may widen India's current account deficit, potentially putting further pressure on the rupee.
Mint Markets·3h ago

