Indian Rupee Weakens 0.18% to 95.1150 per Dollar
The rupee weakened through Monday morning as importers bought dollars and interbank long-dollar positions modestly increased. High oil prices also weighed on the currency.
By Nimesh VoraThe Indian rupee came under pressure after opening largely unchanged on Monday, with dollar purchases by importers and a modest buildup in long dollar interbank positions adding to the drag from high oil prices.The rupee weakened through the morning, slipping 0.18% to 95.1150 per dol…