Rupee Closes at 95.18 per Dollar as Oil Prices Weigh
The rupee closed at 95.18 per dollar on Monday, compared with its previous close of 94.94. Traders cited higher oil prices and persistent importer dollar demand.
Our Bureau Mumbai: The Indian rupee on Monday slid below the psychologically significant 95 per dollar mark, weighed down by higher oil prices. The rupee closed at 95.18, versus its previous close of 94.94, with importer dollar demand persisting despite higher hedging costs, traders said. The rupee…