The Indian rupee depreciates 7 paise to 95.22 against the U.S. dollar on Tuesday morning as Brent crude hovers near $114.76 per barrel and foreign outflows continue.
Tag: Indian rupee
Indian Rupee weakens 13 paise to end at 96.88 against US dollar amid high energy import bills
Forex pressures mounted on the rupee due to institutional capital outflows and sustained pressure from elevated oil prices.
Indian Rupee weakens by 34 paise against US dollar as elevated crude prices pressure foreign reserves
The domestic currency faced downward pressure from aggressive foreign institutional selling and surging energy import bills.
Indian Rupee Surges 66 Paise Following RBI Governors Foreign Reserve Remarks
The Indian rupee recorded its biggest single-day gain in weeks after official statements boosted market confidence.