FinanceTimes of India
Rupee falls 11 paise to 96.36 against US dollar amid US-Iran tensions, rising crude
in5points
Indian rupee opened 11 paise lower at 96.36 against the US dollar on Wednesday.
Rising crude oil prices and US-Iran tensions weighed on the currency.
Brent crude rose 1.18% to USD 92.08 a barrel in futures trade.
Reserve Bank of India measures to attract overseas deposits helped cushion the rupee's decline.
BSE Sensex fell 0.52% and NSE Nifty50 dropped 0.34% in early trade.
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