The Hindu·3 min read·medium
Rupee settles eight paise lower at 96.33 against U.S. dollar
P
PTI✦AI Summary
The Indian rupee depreciated for the fourth consecutive day, settling at 96.33 against the U.S. dollar. The decline is attributed to geopolitical tensions in West Asia, rising crude oil prices, and foreign institutional investor outflows.
The rupee depreciated for the fourth straight day, shedding 8 paise to settle at 96.33 (provisional) against the U.S. dollar amid volatility in global crude oil prices and a stronger greenback as the West Asia crisis intensified.
economybusiness
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in