Rupee weakens to 95.88–95.95 per dollar as oil rises and foreign outflows persist
- Rupee opened at 95.88–95.89 and fell to 95.95 against the dollar
- Reports cite higher oil prices, a stronger dollar and foreign fund outflows; one cites stalled US-Iran talks
- A weaker rupee and dearer crude pressure import costs for Indian oil marketing companies and airlines