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Rupee weakens 0.2% to 95.30 per dollar

The Indian rupee weakened modestly on Thursday. USDINR dipped 0.2% to 95.30 per dollar, its weakest level, pressured by elevated oil prices amid a deepening Middle East conflict and anticipated outflows. Likely intervention is expected to contain further strain.

USDINRDXY

The Indian rupee weakened modestly on Thursday, pressured by elevated oil prices as the Middle East conflict deepened, while expected outflows added to the strain. Likely intervention helped limit the decline. 30 per dollar, its weakest level…