Finance6h ago
Rupee falls 27 paise to 95.79 against US dollar in early trade
The rupee faced a decline against the US dollar in early Friday trading, greatly influenced by soaring crude oil prices and persistent foreign portfolio withdrawals. Despite having substantial foreign exchange reserves and support from the RBI, the currency remains under pressure. Increasing global yields and expensive oil are further complicating the import bill.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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Rupee falls 27 paise to 95.79 against U.S. dollar in early trade
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