India, June 30 -- The Indian rupee declined 7 paise to 94.58 against the US dollar in early trade on Tuesday, pressured by month-end dollar demand from importers and corporates.
Forex traders said the rupee's downside was partially cushioned by relatively stable global crude oil prices. However, lingering concerns over potential supply disruptions in the Gulf region and continued uncertainty surrounding the Strait of Hormuz kept investor sentiment cautious.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....