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Rupee Falls 7 Paise To 95.22 Against US Dollar In Early Trade, High Crude Oil Prices And FII Outflows Weigh On Indian Currency

Rupee Falls 7 Paise To 95.22 Against US Dollar In Early Trade, High Crude Oil Prices And FII Outflows Weigh On Indian Currency
Photo: Free Press Journal · view original

Mumbai: The Indian rupee weakened by 7 paise to 95.22 against the US dollar in early trading on Tuesday, pressured by elevated crude oil prices, geopolitical tensions in West Asia and a stronger American currency ahead of the US Federal Reserve's monetary policy decision. The domestic currency re...

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