Currency Buzz: INR eases towards 95 per US dollar mark amid sustained selling pressure

Indian Rupee fell near the 95 mark against the US Dollar, hitting a one-month low as month end dollar demand and high crude oil prices kept the local currency under pressure. Slowing industrial production growth added to economic concerns. Meanwhile, the US dollar index stayed supported ahead of the US Federal Reserve's monetary policy decision. INR tested 94.86 per US dollar and currently quotes at 94.82, down 14 paise on the day.

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