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Rupee opens 3 paise lower at 96 against US dollar

The rupee fell to 96 against the dollar after the US Fed raised rates by 25 basis points. The dollar index rose, impacti...

Rupee opens 3 paise lower at 96 against US dollar
Source: Mint - Markets

The rupee fell to 96 against the dollar after the US Fed raised rates by 25 basis points. The dollar index rose, impacting Asian currencies. The RBI's upcoming bond sale aims to manage liquidity, but global pressures, including high crude prices, could still weigh on the rupee.

SOURCE: Mint - Markets
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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