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Rupee slides 29 paise to close at 95.22 per dollar

The rupee fell for a third straight session on Monday, settling 29 paise lower at a provisional 95.22 against the US dollar, hurt by high crude prices, West Asia tensions and a firmer dollar. It touched an intraday low of 95.26 and has lost 84 paise in three sessions. Analysts expect a negative bias, with possible RBI intervention offering support.

Rupee slides 29 paise to close at 95.22 per dollar

This summary is based on reporting by The Hindu.

Read the full story at The Hindu