Rupee Takes a Dive, Drops 32 Paise to 95.57 Today

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Rupee Takes a Dive, Drops 32 Paise to 95.57 Today

The rupee took a dive, slipping 32 paise to 95.57 against the dollar this Thursday morning. With oil prices rising and the stock market looking gloomy, it’s been a bumpy ride. Just yesterday, the rupee was feeling good at 95.25, but FII outflows and a stronger dollar knocked it down. Will the RBI swoop in to save the day again?