The rupee weakened to 95.54 due to rising crude oil prices and strong dollar demand. Foreign portfolio outflows exceed $6 billion this month, overshadowing the RBI's recent efforts to boost inflows. Analysts indicate key resistance and support levels for the USD/INR pair.
The rupee weakened to 95.54 due to rising crude oil prices and strong dollar demand. Foreign portfolio outflows exceed $6 billion this month, overshadowing the RBI's recent efforts to boost inflows. Analysts indicate key resistance and support levels for the USD/INR pair.
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