Centre’s service charge guidelines disappoint industry, may lead to price hikes

The weakness in crude oil prices is supporting the rupee, says a dealer
Forex traders worry about the dollar outflows in the near future
Prospects for higher US interest rates and fears of a widespread recession weigh on the rupee
Continued foreign fund outflows, surging crude oil prices curb rupee’s appreciation bias
The dollar index, which hit a two-decade high of 105.79 on Wednesday, traded at 104.84 in Asia
Closes at 78.0650 per dollar on Wednesday, ahead of Fed action