Rupee ends lower at 95.55 as strong dollar offsets easing crude prices

The Indian rupee closed 11 paise lower at 95.55 against the US dollar on Thursday, impacted by a strong dollar and weak domestic markets. Despite easing crude oil prices, which fell below USD 90, the rupee's initial gains were offset. Traders will watch for US Fed Chair Kevin Warsh’s upcoming speech at the Jackson Hole Symposium for market direction.

Read the source (BusinessLine Markets)

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