The rupee declined 7 paise to 95.95 against the US dollar on Wednesday, extending its losing streak to seven sessions. Dollar strength and foreign fund outflows weighed on the currency, while positive domestic equities helped limit the decline
The rupee fell 21 paise to 94.95 against the US dollar on Wednesday as crude oil prices neared $100 a barrel amid escalating US-Iran tensions. A weak dollar cushioned the decline, while domestic equities also opened sharply lower.
The rupee declined 11 paise to settle at 95.28 against the US dollar, pressured by a firm greenback and higher crude oil prices. FII inflows provided some support, while uncertainty over West Asia talks weighed on the local currency
