Rupee falls 7 paise to 95.68 against U.S. dollar in early trade
The Indian rupee fell 7 paise to 95.68 against the U.S. dollar in early trade on Tuesday, impacted by high crude oil prices and strong dollar demand. Forex traders noted that Brent crude nearing $91 per barrel increased oil-related dollar demand, while the Reserve Bank's early closure of the concessional FCN (B) forex-swap facility raised concerns about future dollar inflows.