Rupee declines 16 paise to settle at 96.32 against U.S. dollar
The Indian rupee fell 16 paise to close at 96.32 against the U.S. dollar, influenced by rising global crude oil prices and heightened tensions in West Asia. It opened at 96.12 and traded within a range of 96.04 to 96.32 during the session. The decline reflects ongoing economic pressures that could impact future currency stability.