Economy · India
Rupee Drops to 96.39 Against Dollar Amidst Rising Oil Prices and Investor Outflows
The Indian rupee declined to 96.39 against the US dollar during early trading, influenced by rising crude oil prices and continued outflows from foreign institutional investors. Despite these pressures, domestic stock markets experienced gains, which helped to moderate the rupee's fall.
How outlets across the spectrum covered it
L 0 C 2 R 0
- Centre (2): Business Standard, The Times of India