Rupee slumps 37 paise to close at 96.31 against U.S. dollar

Forex traders said the rupee is expected to trade with a negative bias amid risk aversion in global markets and worries over rising global treasury yields.
More news in Market
Experts’ poll: RBI may hike rates by 0.25% in October policy amid inflationary pressures
SEBI examining position limits for non-agri contracts to boost liquidity
World shares mixed after global bond sell-off deepens, ahead of U.S. jobs data