Rupee falls 11 paise to 96.36 against US dollar in early trade
The rupee fell eleven paise to 96.36 against the US dollar on Wednesday. Crude oil prices climbed due to geopolitical tensions and shipping concerns. Investors sought safe-haven assets, increasing demand for the US dollar. Foreign currency inflows are supporting the rupee, while the central bank manages volatility. Domestic equity markets experienced a slight downturn on Wednesday.
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