The rupee breaches 96/$ for the first time, pressured by rising crude prices and FPI sales, despite RBI intervention.

The Indian rupee neared 96/$ amid foreign fund outflows, oil inflation, and balance of payments concerns. Reported central bank intervention helped the rupee recover from an…

The rupee opened on a weaker note and fell 30 paise to 95.94 on Friday after hitting new lows over three straight sessions, as elevated crude oil prices, a strong dollar, and…