The rupee weakened by 34 paise to 95.19 against the US dollar on Monday, impacted by escalating US-Iran tensions, soaring crude oil prices, and a stronger dollar. Global risk sentiment soured due to West Asia concerns. Analysts anticipate continued negative bias for the rupee, with a trading range of 94.60-95.30.
The rupee weakened by 34 paise to 95.19 against the US dollar on Monday, impacted by escalating US-Iran tensions, soaring crude oil prices, and a stronger dollar. Global risk sentiment soured due to West Asia concerns. Analysts anticipate continued negative bias for the rupee, with a trading range of 94.60-95.30.