Rupee falls 16 paise to close at 95.24 against U.S. dollar
The Indian rupee fell 16 paise to close at 95.24 against the U.S. dollar on Thursday. Forex traders noted that the decline was influenced by a slight recovery in the U.S. dollar index and foreign fund outflows, despite some support from lower crude oil prices. Market participants will watch for further developments in currency trends.