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Rupee falls 25 paise to 95.33 against US dollar as oil prices top $100

The rupee depreciated 25 paise to 95.33 against the US dollar in early trade on Thursday as Brent crude price crossed the USD 100 dollar mark sharply increasing concerns over India's import bill. Forex traders said elevated crude oil prices and persistent dollar demand also weighed on investor sentiments. At the interbank foreign exchange market, the rupee opened at 95.15 against the US dollar, then lost ground to touch 95.33 against the American currency, registering a loss of 25 paise from it…

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Business StandardCenter·1h ago
Rupee falls 25 paise to 95.33 against US dollar as oil prices top $100
The rupee depreciated 25 paise to 95.33 against the US dollar in early trade on Thursday as Brent crude price crossed the USD 100 dollar mark sharply increasing concerns over India's import bill. Forex traders said elevated crude oil prices and persistent dollar demand also weighed on investor sentiments. At the interbank foreign exchange market, the rupee opened at 95.15 against the US dollar, then lost ground to touch 95.33 against the American currency, registering a loss of 25 paise from it…
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Rupee falls 25 paise to 95.33 against US dollar as oil prices top $100

How 1 sources are covering this

Rupee falls 25 paise to 95.33 against US dollar as oil prices top $100

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