Rupee falls 8 paise to 95.25 against U.S. dollar in early trade

The rupee fell 8 paise to 95.25 against the U.S. dollar in early trade on Monday (August 10, 2026), weighed down by a stronger greenback and a rise in global crude oil prices.

However, FII inflows and a rise in the country’s forex reserves capped a sharper fall in the local unit, forex traders said.

At the interbank foreign exchange, the rupee opened at 95.18 before slipping further to 95.25, down 8 paise from its previous close.

The rupee settled with a 5 paise gain at 95.17 against the U.S. dollar on Friday (August 7, 2026).

“Overall, USD/INR remained range-bound around 95.20-95.30, with the rupee ending the session (on Friday) marginally stronger. Strong forex reserves also provided confidence and limited dollar-demand pressure,” Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.

“Exporters may sell upticks up to 95.40 on Monday (August 11, 2026), while importers are likely to buy dips at 95. Traders will keep a close watch on developments in West Asia as well as the Reserve Bank of India (RBI),” he said.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.70, up 0.17%.

Brent crude, the global oil benchmark, was trading higher by 0.91% at $84.31 per barrel in futures trade.

On the domestic equity market front, Sensex was down marginally by 19.38 points to 78,479.79 in early trade on Monday (August 11, 2026) while the Nifty slipped 5.10 points to 24,567.45.

Foreign institutional investors purchased equities worth ₹480.24 crore on a net basis on Friday (August 7, 2026), according to exchange data.

The RBI data released on Friday (August 7, 2026) showed the country’s forex reserves jumped by $10.512 billion to $692.866 billion during the week ended July 31. The overall kitty had jumped by $6.118 billion to $682.354 billion in the previous reporting week.