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of <h1>Indian Rupee Falls 4 Paise to 86.68 Against USD Amid Foreign Outflows and Strong Dollar Index</h1> The Indian rupee weakened by 4 paise to close at 86.68 against the US dollar, influenced by continuous foreign fund outflows and a strengthening US dollar index. Despite a positive start at 86.50, the rupee fell to an intra-day low of 86.77. Weak domestic markets and foreign institutional investor selling added pressure, though declining crude oil prices provided some relief. The dollar index rose by 0.22%, while Brent crude dropped by 0.42%. In domestic markets, the BSE Sensex and Nifty both declined, with FIIs selling equities worth Rs 3,449.15 crore. India's forex reserves decreased by USD 2.54 billion. Moody's Analytics forecasts a slowdown in India's growth to 6.4% in 2025.
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