The rupee slipped on Friday and fell over 1% week-on-week as a sharp rise in oil prices pressured Indian markets, though the central bank's intervention helped limit the currency's decline.
The rupee declined 0.1% to end at 95.55, weakening for the fourth straight day. On the week, it declined 1.1%, the sharpest fall since mid-May when surging oil prices had pushed it to a record low of 96.96.
