Wednesday, 30 September 2026Updated 9m ago
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Market move▼ Bearish for Indian equities

Rupee Slips To 95.97: currency hovers near 96 amid oil demand, FPI outflows; RBI caps slide

1 source · first seen 10:13 30 Sept · updated 10:13 30 Sept

The brief

Written from 1 report · check the source before you trade
  • Rupee opened at 95.87 against the US dollar and fell to 95.97
  • The decline was attributed to strong demand for oil and FPI outflows; RBI capped the slide
  • A weaker rupee raises import costs for Indian oil companies and pressures firms with dollar liabilities

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Read the reports

1 report · earliest 10:13
Times of IndiaRupee Slips To 95.97: currency hovers near 96 amid oil demand, FPI outflows; RBI caps slide10:13