Rupee falls 13 paise to 95.56 against U.S. dollar in early trade
The Indian rupee fell 13 paise to 95.56 against the U.S. dollar in early trade on Monday, influenced by rising crude oil prices and geopolitical tensions. Forex traders noted increased expectations for a September Federal Reserve rate hike, which has driven U.S. Treasury yields higher. The rupee's decline reflects ongoing market pressures and could impact future trade dynamics.