The Indian rupee weakened against the US dollar, opening the week down 10 paise at 95.28 due to a stronger dollar globally and geopolitical uncertainties. Despite favorable global cues like falling oil prices, the rupee failed to gain, indicating underlying market fragility. Meanwhile, Indian stock markets opened on a strong note, with major indices climbing over 0.4%. The Indian rupee weakened against the US dollar, opening the week down 10 paise at 95.28 due to a stronger dollar globally and geopolitical uncertainties. Despite favorable global cues like falling oil prices, the rupee failed to gain, indicating underlying market fragility. Meanwhile, Indian stock markets opened on a strong note, with major indices climbing over 0.4%.
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Rupee slips 10 paise as stronger dollar and geopolitical jitters outweigh positive cues
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