Indian Rupee Hits 7-Month Low as Brent Tops $86, WPI Inflation Jumps in June
() -- The Indian rupee slid to a seven-week low of 96.24 per US dollar on Tuesday as Brent crude oil climbed above $86 per barrel and India's wholesale inflation accelerated to 9.87% in June from 9.68% in May, exerting pressure on the Asian currency. The Foreign Institutional Investors, or FIIs, withdrew their stakes w