Rupee closes at 96.34 vs USD; firmer Asia FX, oil dip offer little comfort as NDF maturities pinch

On Thursday, the Indian rupee experienced a slight decline versus the dollar, influenced by dollar demand associated with expiring non-deliverable forward contracts. Meanwhile, most Asian currencies showed a strengthening trend, and the dollar index maintained stability. Additionally, Brent crude oil prices fell below eighty-five dollars per barrel, while India's Nifty 50 index remained nearly unchanged at market close.