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Representative image. | Photo Credit: Getty Images/iStockphoto The rupee pared initial losses and settled for the day on a positive note, higher by 23 paise at 94.26 (provisional) against the greenback on Thursday (May 7, 2026), as Brent crude and the U.S. dollar index retreated from their elevated levels. Forex traders said Brent oil prices…
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Representative image. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 8 paise to close at 89.53 (provisional) against the U.S. dollar on Monday (December 1, 2025), fuelled by strong market demand for the American currency. Forex traders said the sustained weakness in the rupee is primarily attributable to a widening trade deficit, the delayed India-U.S….
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