Rupee slumps 38 paise to close at 95.46 per dollar
The rupee depreciated 38 paise to close at 95.46 (provisional) against the US dollar on Thursday. The move was reported alongside Brent crude breaching $102, raising concerns about import costs.
46 (provisional) against the US dollar on Thursday, with Brent crude moving above the $102 level and stoking concerns about India’s import-cost outlook. Forex traders said the currency was being pulled by opposing forces, with downside pressure drive…