Markets Rupee settles eight paise lower at 96.33 against U.S. dollar July 16, 2026 gopalkumarthakur@gmail.com Foreign Institutional Investor outflows put further pressure on the local unit, forex traders said. Related posts: Rupee rises 14 paise to 86.93 against U.S. dollar in early trade Rupee rises 5 paise to 88.10 against U.S. dollar in early trade PhysicsWallah IPO got fully subscribed on final day of bidding Rupee falls 10 paise to close at 94.95 against U.S. dollar