Rupee opens lower at 95.95 against US dollar
after close1 source ↓written by the desknot a recommendation
- to open
- 33 paise
- against the US
- 95.95
- US dollar
- 14 July
- per barrel
- $85.64
The Indian rupee depreciated by 33 paise to open at 95.95 against the US dollar on 14 July. This decline is attributed to rising geopolitical tensions in the Middle East, which have pushed Brent crude prices to $85.64 per barrel, impacting investor sentiment. Additionally, hawkish remarks from a US Federal Reserve official have increased Treasury yields, further pressuring the rupee.
Not investment advice. For informational purposes only.