The rupee fell 6 paise to 95.66 against the US dollar due to rising crude prices and US bond yields. The RBI’s decision to shorten the foreign-currency deposit swap facility also pressured the currency amid concerns over energy supplies and US fiscal issues.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.