Rupee declines to 91.93/$ amid crude volatility
The Indian rupee fell 14 paise to ₹91.93/$ as crude volatility and foreign fund outflows pressured the currency. RBI's intervention helped limit the decline after it closed at ₹91.81 previously.
pre-market1 source ↓written by the desknot a recommendation
- rupee weakened
- 14 paise
- due to volatile
- ₹91.93/$
- previous close
- ₹91.81
The Indian rupee weakened by 14 paise to ₹91.93/$ due to volatile Brent crude prices and ongoing foreign fund outflows. The Reserve Bank of India intervened with aggressive dollar-selling to prevent a sharper decline, following a previous close of ₹91.81. Market participants remain cautious amid global uncertainties and high oil prices.
Not investment advice. For informational purposes only.