No relief for rupee: Currency slips to 96.38 against US dollar

No relief for rupee: Currency slips to 96.38 against US dollar

The Indian rupee continued its decline against the US dollar, falling 18 paise to 96.38 amid rising crude oil prices and Middle East tensions. The currency has lost over 5% since late February, with concerns over geopolitical instability and foreign portfolio investor outflows pressuring its value.

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