Rupee weakens 14 paise to 91.93 amid crude volatility
The Indian rupee fell 14 paise to ₹91.93 against the US dollar due to crude oil volatility and foreign fund outflows. The RBI's intervention helped prevent a sharper decline, with the rupee previously settling at ₹91.81 after a recovery from ₹92.19.
after close1 source ↓written by the desknot a recommendation
- rupee declined
- 14 paise
- as volatile Brent
- ₹91.93/$
- level
- ₹92
- after recovering
- ₹91.81
- intraday low
- ₹92.19
The Indian rupee declined by 14 paise to ₹91.93/$ as volatile Brent crude prices and foreign fund outflows pressured investor sentiment. The Reserve Bank of India intervened with aggressive dollar-selling to defend the ₹92 level, preventing a sharper drop. The rupee had previously settled at ₹91.81 after recovering from an intraday low of ₹92.19.
Not investment advice. For informational purposes only.