Indian Rupee May Need to Weaken Further as Fundamentals Shift, Axis Bank Says

Rupee slips below 96 per dollar level in early trade

The rupee falls below 96 per dollar amid global uncertainty, impacted by investor sentiment and rising crude oil prices.

Rupee breaches 96 per dollar; weakest in over a month

India Business News: The Indian rupee weakened past the 96-per-dollar mark on Thursday for the first time in more than a month, pressured by a stronger US dollar after the.

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, 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.

Indian rupee may need to weaken further as fundamentals shift, Axis Bank says

Indian Rupee Slips Below 96 Against Dollar At Opening Bell, Investors Track Global Economic Signals

The rupee briefly crossed 96 per dollar before recovering on suspected RBI intervention, as high crude prices and the US Fed rate hike increased pressure.