The rupee declines 32 paise to 95.57 against the US dollar amid rising oil prices and heavy FII outflows.

At the interbank foreign exchange market the rupee opened at 95.52, then lost ground and touched 95.56 in initial trade, registering a fall of 15 paise from its previous close

The rupee declines 32 paise to 95.57 against the US dollar amid rising oil prices and heavy FII outflows.