Rupee crashes 82 paise to settle at 93.71 against U.S. dollar
Forex traders said the Indian rupee is under tremendous pressure as surging crude oil prices and a shift toward risk-aversion dented investor sentiments
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Forex traders said the Indian rupee is under tremendous pressure as surging crude oil prices and a shift toward risk-aversion dented investor sentiments

Withdrawal of foreign funds amid intense selling in domestic equity markets further pressured the rupee, forex traders said

Forex traders said the domestic currency is under severe pressure due to a sharp spike in crude oil prices, with Brent Crude crossing the $82 per barrel level in futures trade in the wake of the Iran crisis

A poor start to the domestic equity markets further pressured the local unit, but FII inflows provided support, preventing a sharp fall, forex traders said
FII outflows and weak sentiments in the domestic equity markets further pressured the local unit, according to Forex traders

Forex traders said that the negative domestic equity markets and withdrawal of foreign funds resisted the rupee's upward move despite a retreating American currency

FII outflows and a fall in the domestic equity markets further pressured the local unit, according to forex traders

A strong opening in domestic equity markets, along with a jump in forex reserves, provided further support to the local unit, according to forex traders

The Indian Rupee rebounded from an all-time low to 91.85 against the U.S. dollar, supported by strong gains in domestic equity markets and a weaker greenback, according to forex traders.

Forex traders said the dollar index crossed 98 levels on the risk-off situation prevailing all around the globe amid the U.S.-Iran crisis, further pressurising the rupee
A sharp fall in domestic equity markets and uncertainties over the India-U.S. trade deal further pressured the local unit, while foreign fund inflows lent some support, forex traders said