Economy

Rupee slips to 95.97: Currency hovers near 96 amid oil demand, FPI outflows

· 30 September 2026 · 2 min read
Rupee slips to 95.97: Currency hovers near 96 amid oil demand, FPI outflows

The Times of India has reported a new India-focused economy development: “Rupee slips to 95.97: Currency hovers near 96 amid oil demand, FPI outflows.” The publisher's feed describes the story as follows: <![CDATA[In the early trading session, the rupee opened at 95.87 against the US dollar but quickly fell to 95.97. This decline is attributed to strong demand for dollars from oil marketing companies. To curb the rupee's decline below the 96 mark, state-run banks are stepping in. Additionally,

Original reporting by The Times of IndiaRead the full story

Intellectual Janata displays only original summaries of externally sourced news and links readers to the original publisher.

#economy#india#foreign-affairs

Related reading

IJP
News Brief
RBI may raise repo rate by 100 bps through H1 2027: BofA Securities
Economy·The Economic Times·30 Sep 2026

RBI may raise repo rate by 100 bps through H1 2027: BofA Securities

Read full story →
IJP
News Brief
Economy Showing Strength: Das says India stays robust on demand; warns Global South on risks
Economy·The Times of India·30 Sep 2026

Economy Showing Strength: Das says India stays robust on demand; warns Global South on risks

Read full story →
IJP
News Brief
MSMEs and startups: converging for growth
Economy·Mint·30 Sep 2026

MSMEs and startups: converging for growth

Read full story →
IJP
News Brief
Nifty 50 prediction: Hammer formation hints short term trend reversal | Support, resistance for Sept 30
Economy·Mint·29 Sep 2026

Nifty 50 prediction: Hammer formation hints short term trend reversal | Support, resistance for Sept 30

Read full story →