Rupee hits two-month low, breaches 96/USD mark as oil worries deepen

The Indian rupee has fallen to a two-month low, now at 96.1450 per dollar. Contributing factors include rising oil prices, which have heightened economic worries among investors. Brent crude oil has escalated by over 1.5%, hitting $107 per barrel amid disruptions in the Middle East. Furthermore, September saw foreign investors retreating with a $3.