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Business

Rupee hovers near 96 as oil stays above $100 per barrel, foreign selling persists

Source: Times of India 5 Oct 2026, 10:45 AM IST · 2 hours ago
Photo: Times of India

The rupee started off on a weaker note against the US dollar due to soaring crude oil prices and foreign investors selling off. In response, the Reserve Bank of India is stepping in to curb volatile changes, as forex reserves dwindle. Market analysts anticipate a possible interest rate increase fol…

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This is a short summary of a story published by Times of India, shown with a link to the original. The full story, photo and reporting belong to Times of India.

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