Rupee slips 6 paise to 96.42 against dollar on geopolitical jitters
The Indian rupee weakened 6 paise to 96.42 against the US dollar in early trade on Tuesday, pressured by geopolitical uncertainty weighing on most Asian currencies. It opened at 96.41 in the interbank market before touching 96.42. Forex traders attributed the slide to climbing crude oil prices amid renewed tensions and stronger demand for the dollar as a safe-haven asset.