Rupee watch: Currency slips to 89.94 against dollar; crude rise, FII outflows and tariff worries weigh

The Indian rupee dipped by 7 paise to 89.94 against the US dollar on Thursday, influenced by rising crude oil prices, consistent foreign fund outflows, and a stronger dollar. Renewed worries about potential US tariffs and a downturn in domestic stock markets also weighed on the currency