Rupee falls 12 paise to close at 95.45 against U.S. dollar

The Indian Rupee has fallen to a new closing price of 95.45 against the U.S. dollar, down 12 paise from the previous day. This decline is largely due to the ongoing uncertainty in global markets, particularly the delay in the U.S.-Iran deal and the strong performance of the American currency abroad. As a result, investors remain cautious and the Rupee's value continues to be affected, which can impact India's trade and economy.

Why it matters

The rupee is falling due to fragile investor sentiment. The delay in the US-Iran deal is causing uncertainty.

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