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Rupee falls to 96.39 against dollar as oil rises, FII outflows continue

The rupee faced downward pressure against the US dollar, dropping to 96.39 early in the trading session. This decline stems from rising crude oil prices and ongoing selling by foreign investors. Despite this, domestic equities saw gains, softening the rupee's fall. On Monday, Foreign Institutional Investors sold a net Rs 4,699.14 crore in equities, influencing the currency's performance.

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Times of IndiaLean R·1h ago
Rupee falls to 96.39 against dollar as oil rises, FII outflows continue
The rupee faced downward pressure against the US dollar, dropping to 96.39 early in the trading session. This decline stems from rising crude oil prices and ongoing selling by foreign investors. Despite this, domestic equities saw gains, softening the rupee's fall. On Monday, Foreign Institutional Investors sold a net Rs 4,699.14 crore in equities, influencing the currency's performance.
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Rupee falls to 96.39 against dollar as oil rises, FII outflows continue

How 1 sources are covering this

Rupee falls to 96.39 against dollar as oil rises, FII outflows continue

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