Indian Rupee Falls 12 Paise to 95.95 Against Dollar
The Indian rupee opened weaker against the US dollar, falling 12 paise to 95.95. Higher crude oil prices and elevated US Treasury yields are weighing on the currency.
The Indian rupee opened weaker against the US dollar on Thursday (October 1), with higher crude oil prices and elevated US Treasury yields continuing to pressure the currency. 83/$ at Wednesday’s (September 30's) close, marking a 12-paise decline.