Rupee declines to 96.36 against dollar amid rising oil prices
pre-market1 source ↓written by the desknot a recommendation
- against the US
- 96.36
- from 96.25
- 11 paise
- Brent crude increasing
- 1.18%
- per barrel
- $92.08
The Indian rupee opened lower at 96.36 against the US dollar, down 11 paise from 96.25. This decline is attributed to rising crude oil prices, with Brent crude increasing 1.18% to $92.08 per barrel. Increased demand for dollars for oil imports is pressuring the rupee as geopolitical tensions heighten market uncertainty.
Not investment advice. For informational purposes only.