Rupee falls to 95.17 against dollar: Here’s what is driving the currency lower
The Indian rupee opened 20 paise weaker at 95.17 per US dollar on Wednesday (July 8), compared with Tuesday’s (July 7’s) close of 94.97, as rising crude oil prices and higher US Treasury yields weighed on investor sentiment. Brent crude climbed above $76 a barrel after extending gains from the previous session, while the 10-year…
