Rupee Falls 3 Paise To 95.97 Against US Dollar In Early Trade

Ongoing Dollar Demand From State-Run Oil Companies And Foreign Outflows Weigh On RupeeRupee traded in a narrow range and fell 3 paise to 95.97 against the US dollar in early trade on Thursday, constrained by ongoing dollar demand from state-run oil companies.However, RBI-backed dollar sales across spot and forward markets continue to cap losses, keeping the exchange rate below the 96.00 threshold.