Rupee falls to 96.52, weakest since May
after close1 source ↓written by the desknot a recommendation
- rupee settled
- ₹96.52
- crude prices near
- $90
The rupee settled at ₹96.52, marking its lowest point since May, driven by RBI intervention and rising Brent crude prices near $90. Global interest rate expectations further challenge the currency's stability. This decline may impact import costs and inflation, influencing trading strategies for investors. 📉
Not investment advice. For informational purposes only.