Rupee hovers near 96 as oil stays above $100 per barrel, foreign selling persists
Rupee trades near 96 paise against US dollar mark Rupee began the week on a cautious note, struggling to move away from the 96-per-dollar level, as high crude oil prices and continued foreign fund selling keeping the currency under pressure. On Monday, rupee opened at 96.20 against the US dollar before weakening to 96.26, down…