Rupee consolidates at 95.27, aided by falling crude prices and strong domestic data, despite ongoing foreign outflows.

The Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central bank interventions across FX market segments…

Rupee consolidates at 95.27, aided by falling crude prices and strong domestic data, despite ongoing foreign outflows.

The Indian rupee weakened by 29 paise to close at 95.27 against the dollar on Tuesday, pressured by foreign investor outflows and high crude oil prices. The Reserve Bank of…