Indian Rupee Continues to Weaken, Falls to 93.96 Against US Dollar
The Indian Rupee has continued its downward trend, falling to 93.96 against the US dollar, driven by persistent foreign fund outflows and rising global crude oil prices, further pressured by the West Asia crisis.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (24/100)Sources
Rupee falls 20 paise to 93.96 per US dollar in early trade
The Indian rupee continued its downward trend, falling to 93.96 against the US dollar amid persistent foreign fund outflows and global crude oil price hikes. Forex traders attribute the sustained weakness to uncertainty surrounding the West Asia crisis. Despite the rupee's decline, Indian stock markets showed strength, with benchmark indices trading higher.
By TOI BUSINESS DESK
Read full article →Rupee weakens as 5 reasons from oil to outflows build pressure - Gulf News
Rupee weakens as 5 reasons from oil to outflows build pressure Gulf News
Read full article →

