Rupee falls 13 paise to 95.56 as crude rises, Fed hike bets strengthen dollar
The Indian rupee fell 13 paise to 95.56 against the US dollar on Monday due to rising crude oil prices and geopolitical tensions. The dollar strengthened amid expectations of a Federal Reserve rate hike, prompting the Reserve Bank of India to intervene to stabilize the rupee. Investors will watch for further developments as markets react to these economic pressures.