Rupee falls 31 paise to 93.75 against US dollar amid crude oil surge, West Asia tensions

The Indian rupee weakened for the third consecutive session, falling 31 paise to 93.75 against the US dollar. It was pressured by rising crude oil prices, foreign capital outflows, and uncertainty surrounding a potential West Asia peace agreement and escalating geopolitical tensions. The rupee's weakness was also attributed to selling pressure in domestic equity markets and withdrawal of foreign capital.