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Rupee plunges 34 paise to 95.08 against dollar as crude prices surpass USD 100 mark
The rupee fell by 34 paise, settling at 95.08 against the US dollar, amid rising crude oil prices that have breached USD 100 per barrel, raising inflation fears. The depreciation was fueled by sluggish equity markets and foreign institutional investor sell-offs. Additionally, escalating tensions in West Asia contributed to Brent crude futures surpassing USD 100, indicating a continued bearish trend for the local currency.
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thehindubusinessline.com
Rupee falls 7 paise to close at 94.50 against US dollar
The rupee fell 7 paise to 94.50 against the dollar, impacted by rising crude prices and domestic market trends.
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timesofindia.indiatimes.com
Rupee falls 10 paise to 94.66 against US dollar as crude nears $98
Rupee remained under pressure in early trade on Tuesday, slipping 10 paise to 94.66 against the US dollar as rising crude prices and geopolitical tensions in the Middle East…
