Rupee settles on flat note, higher by 3 paise at 95.70 against U.S. dollar
The Indian rupee gained 3 paise, settling at 95.70 against the U.S. dollar on Thursday. Forex traders noted that a weaker dollar index provided some support, but elevated crude oil prices continued to exert pressure on India's import bill. Market participants will watch for further developments in oil prices and their impact on the rupee.