Tag: rupee to usd

RBI likely intervenes to shield rupee as oil prices climb, traders say

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RBI likely intervenes to shield rupee as oil prices climb, traders say

Image used for representational purposes only. | Photo Credit: Reuters The Reserve Bank ​of India likely intervened ‌in the foreign ​exchange market ⁠on Tuesday (September 15, 2026), four traders told Reuters, as rising ‌oil prices and growing wagers ‌on a ‌rate ⁠hike in the ⁠U.S. this week pressured the South Asian unit. The ​rupee declined…

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Rupee falls 10 paise to close at 94.95 against U.S. dollar

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Rupee falls 10 paise to close at 94.95 against U.S. dollar

Image used for representational purpose only. File | Photo Credit: Getty Images/iStockphoto The rupee depreciated 10 paise to close at 94.95 (provisional) against the U.S. dollar on Monday (June 01, 2026), amid renewed geopolitical tensions between the U.S. and Iran and surge in crude oil prices. Forex traders said the strength of the American currency…

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