Why rupee breached 95 versus dollar mark despite RBI’s move to stem fall

 According to forex market participants, the domestic unit remains under pressure due to persistent outflows by foreign investors and the strengthening of the US dollar, driven by ongoing uncertainty linked to the West Asia conflict. According to forex market participants, the domestic unit remains under pressure due to persistent outflows by foreign investors and the strengthening of the US dollar, driven by ongoing uncertainty linked to the West Asia conflict.