Rupee slips 20 paise against US Dollar as crude oil tops $106, foreign outflows continue
Beginning the week on a down note, the rupee slipped to 95.95 against the US dollar amidst various economic hurdles. Factors contributing to this decline include a strengthening dollar, extensive foreign fund withdrawals, and escalating crude oil prices, with Brent crude futures notably rising. This surge has sparked concerns about India's overall import costs.
