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Rupee falls 6 paise to 95.28 against dollar amid high oil prices, yields

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The Indian rupee weakened by six paise against the US dollar on Friday, settling at 95.28. A stronger dollar, rising US Treasury yields, and increased dollar demand from importers were the primary drivers of the decline. Climbing global oil prices and ongoing geopolitical tensions are expected to put further pressure on the currency. Domestic markets reflected the bearish sentiment, with foreign investors turning net sellers during the session.

Read the full story at Times of India

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Rupee falls 6 paise to 95.28 against dollar amid high oil prices, yields · ShortSingh