The rupee depreciated 9 paise to 95.17 against the US dollar in early Thursday trade as persistent geopolitical concerns offset support from easing crude oil prices. Foreign fund outflows and a stronger dollar also weighed on the domestic currency despite positive equity market opening
India-flagged LPG tanker Green Sanvi safely crossed the Strait of Hormuz, becoming the seventh Indian vessel to transit the crucial maritime chokepoint amid the West Asia conflict. Two more tankers are expected soon as India works to secure energy supply routes.
