The rupee depreciated 38 paise to close at 95.92 (provisional) against the U.S. dollar on Tuesday (September 15, 2026), weighed down by escalating West Asia conflict and soaring Brent crude oil prices, which hit $108 per barrel.

Forex traders said surging dollar demand from oil importers has sparked fresh concerns over inflation and India’s external trade balance.

Moreover, weak domestic markets, a strong US dollar and worries over rising global treasury yields further dented investor sentiment.

At the interbank foreign exchange market, the rupee opened at 95.84 against the U.S. dollar, then lost ground and closed at 95.92 (provisional) against the American currency, down 38 paise from its previous close.

On Friday (September 11, 2026), the rupee had settled at 95.54 against the American currency.

Forex and equity markets were closed on Monday (September 14, 2026) on account of Ganesh Chaturthi.

“We expect the rupee to trade with a negative bias on risk-off sentiments in global markets and worries over rising global treasury yields. Rising global crude oil prices amid fears over supply disruption and a strong dollar may also pressurise the rupee,” said Anuj Choudhary, Research Analyst, Mirae Asset Sharekhan.

However, any intervention by the RBI may support the rupee at lower levels. Traders may take cues from ADP weekly employment and Empire State manufacturing index data from the U.S.

“Investors may remain cautious ahead of the Federal Open Market Committee (FOMC) meeting decision on Wednesday. USD-INR spot price is expected to trade in a range of 95.75 to 96.15,” Mr. Choudhary said.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.61, higher by 0.22%.

Brent crude, the global oil benchmark, was trading higher by 1.92% at $107.71 per barrel in futures trade, amid escalating U.S.-Iran tensions and fears of disruption to oil flows through the Strait of Hormuz.

With Brent crude touching $108 per barrel, increased dollar demand from oil importers raised concerns over India’s external balance and inflation, forex traders said.

On the domestic equities market front, Sensex tanked 777.94 points to settle at 74,003.82, while the Nifty dropped 279.50 points to 23,118.60.

Foreign institutional investors (FIIs) offloaded equities worth ₹930.90 crore on a net basis on Friday (September 11, 2026), according to exchange data.

Meanwhile, India’s forex reserves jumped by a record $44.903 billion to a new lifetime high of $785.706 billion during the week ended September 4, the RBI said on Friday (September 11, 2026).

In the previous reporting week, the overall reserves increased by $11.475 billion to $740.803 billion.

The rupee depreciated 7 paise to close at 95.68 (provisional) against the U.S. dollar on Tuesday (August 18, 2026), weighed down by elevated crude oil prices and lingering geopolitical tensions in West Asia.

Forex traders said the USD/INR pair is likely to trade with a slight negative bias, pressured by the delay in the deal between the U.S. and Iran, rising crude oil prices and broader dollar support.

At the interbank foreign exchange, the rupee opened at 95.68 against the greenback and traded in a range of 95.64-95.69 during the session. It eventually settled at 95.68 (provisional), lower by 7 paise from its previous close.

On Monday (August 17, 2026), the rupee depreciated 19 paise to close at 95.61 against the U.S. dollar.

“With Brent crude rising above $90/bbl and the reopening of the Strait of Hormuz remaining unresolved, oil prices will remain a key monitorable for the rupee, inflation and foreign flows,” said Siddhartha Khemka – Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd.

Moreover, weak global cues and FII selling weighed on sentiment, with FIIs selling equities worth ₹2,535 crore on Monday (August 17, 2026), their highest selling in three weeks, Mr. Khemka said, adding that “the U.S. 10-year Treasury yield remained elevated”.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.60, down 0.04%.

Brent crude, the global oil benchmark, was trading higher by 0.01% at $90.88 per barrel in futures trade.

Overall, elevated crude prices, geopolitical uncertainty and foreign selling are likely to keep near-term sentiment subdued, while resilient domestic fundamentals and continued policy support could provide a constructive medium-term backdrop, Mr. Khemka said.

On the domestic equity market front, Sensex tanked 492.70 points to settle at 77,235.46, while the Nifty fell 132.75 points to close at 24,154.90.

Foreign institutional investors offloaded equities worth ₹2,535.10 crore on a net basis on Monday (August 17, 2026), according to exchange data.

The rupee depreciated 19 paise to close at 95.61 (provisional) against the U.S. dollar on Monday (August 17, 2026), amid weak domestic equity markets and a surge in crude oil prices.

Forex traders said the USD/INR pair is likely to trade with a slight negative bias, pressured by the delay in the deal between the U.S. and Iran, rising crude oil prices and broader dollar support.

Moreover, investors’ sentiment turned cautious after the Reserve Bank of India on August 14 said that its swap facility for FCNR (B) deposits will be available only for deposits mobilised till August 31.

At the interbank foreign exchange market, the rupee opened at 95.50 against the greenback and traded in a range of 95.49-95.62 during the session. It eventually settled at 95.61 (provisional), lower by 19 paise from its previous close.

On Friday (August 14, 2026), the rupee appreciated 3 paise to close at 95.42 against the U.S. dollar. Earlier, the cut-off date for Foreign Currency Non-Resident (Bank) or FCNR (B) deposits was September 30.

Under the FCNR (B) scheme, banks offer attractive interest rates to mobilise foreign currency deposits.

The Reserve Bank on Friday (August 14) said its concessional swap facility, introduced to encourage foreign currency inflows, has attracted $56.84 billion till August 13.

The Indian rupee declined on weak domestic markets and a surge in crude oil prices. However, a soft dollar cushioned the downside, Anuj Choudhary, Research Analyst, Mirae Asset ShareKhan said, adding, “We expect the rupee to trade with a slight negative bias on the delay in the deal between the U.S. and Iran and rising crude oil prices.” Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.40, down 0.26%.

Brent crude, the global oil benchmark, was trading higher by 0.99% at $89.40 per barrel in futures trade.

On the domestic equity market front, Sensex dropped 281.09 points to settle at 77,728.16, while the Nifty closed lower by 78.35 points at 24,287.65.

Foreign institutional investors purchased equities worth ₹508.12 crore on a net basis on Friday (August 14), according to exchange data.

Meanwhile, India’s forex reserves jumped by $14.136 billion to $707.002 billion during the week ended August 7, the Reserve Bank said on Friday (August 14). The overall kitty had jumped by $10.512 billion to $692.866 billion in the previous reporting week ended July 31.

The rupee declined 13 paise to settle at 95.43 (provisional) against the U.S. dollar on Tuesday (August 11, 2026), tracking a sharp rise in global crude oil prices amid geopolitical uncertainties.

However, recent foreign capital inflows provided some support to the local unit, forex traders said.

At the interbank foreign exchange market, the rupee opened at 95.38 against the U.S. dollar and traded in a very narrow range of 95.37-95.45. Eventually, it settled at 95.43 (provisional), down 13 paise from its previous close.

The rupee declined 13 paise to settle at 95.30 against the U.S. dollar on Monday (August 10, 2026).

“The rupee declined on a surge in crude oil prices and rising U.S. Treasury yields. Uncertainty over the deal between the U.S. and Iran also weighed on the rupee,” Anuj Choudhary, Research Analyst, Mirae Asset ShareKhan, said.

“We expect the rupee to trade with a slight negative bias. However, any intervention by the RBI may support the rupee at lower levels. Traders may remain cautious ahead of U.S. inflation data this week,” he said, adding that the USD-INR spot price is expected to trade in the range of ₹95.15-95.80.

Fitch Ratings on Tuesday (August 11, 2026) affirmed India’s sovereign rating at ‘BBB-‘ with a stable outlook, saying the domestic economy remains strong despite headwinds from the energy shock arising from the West Asia crisis.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.86, up 0.06%.

Brent crude, the global oil benchmark, jumped 2.45% to $89.87 per barrel in futures trade.

On the domestic equity market front, Sensex declined 388.19 points to settle at 78,154.25, and the Nifty fell 112.10 points to 24,471.70.

Foreign institutional investors purchased equities worth ₹1,974.76 crore on a net basis on Monday (August 10, 2026), according to exchange data.

The rupee gained 13 paise to settle at 95.15 (provisional) against the U.S. dollar on Wednesday (August 5, 2026), after the Reserve Bank of India kept the key policy rate unchanged for the third time in a row in FY27 amid the West Asia crisis.

Forex traders said investor sentiments were supported by an overnight decline in crude oil prices and a weakness of the American currency in the overseas market.

Moreover, a decline in U.S. treasury yields also supported the rupee.

At the interbank foreign exchange, the rupee opened at 94.90 against the greenback and traded in a tight range of 94.89-95.25 during the session. It eventually settled at 95.15, higher by 13 paise from its previous close.

On Tuesday (August 4, 2026), the rupee appreciated 9 paise to close at 95.28 against the American currency.

“We expect the rupee to trade with a slight positive bias on improved global risk sentiments amid de-escalation of tensions between the U.S. and Iran. The U.S. said that a deal with Iran could be reached soon. Traders may take cues from ISM services PMI data from the US. USD-INR spot price is expected to trade in a range of 94.80 to 95.50,” said Anuj Choudhary, Research Analyst, Mirae Asset ShareKhan.

The six-member Monetary Policy Committee, headed by Governor Sanjay Malhotra, unanimously voted to keep the repo rate unchanged at 5.25% and retained its “neutral” policy stance.

The RBI relied on measures announced at its previous policy meeting to attract capital inflows and support the rupee.

Speaking to reporters at the customary briefing after the monetary policy review, Mr. Malhotra said the rupee has not appreciated as intended despite the high flows from foreign shores.

He further noted that the strengthening in the rupee is possible if geopolitical tensions de-escalate. It will be the RBI’s endeavour that the trajectory for the rupee remains orderly, he added.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.82, down 0.03%.

Brent crude, the global oil benchmark, was trading higher by 1.75% at $80.75 per barrel in futures trade, but was down sharply from above $100 per barrel levels seen in July.

On the domestic equity market front, Sensex climbed 152.05 points to settle at 78,581, while the Nifty closed marginally up by 9.75 points to 24,624.65.

Foreign institutional investors purchased equities worth ₹2,446.47 crore on a net basis on Tuesday (August 4, 2026), according to exchange data.

The rupee opened on a flat note and gained 3 paise to 95.34 against the U.S. dollar in early trade on Tuesday (August 4, 2026), as support from the broad-based weakness in the U.S. Dollar Index amid improving global risk sentiment was negated by dollar demand from importers.

Forex traders said lower oil prices and a softer U.S. dollar outweighed importer demand for dollars, with market participants now turning their attention to the upcoming RBI MPC decision and key U.S. economic data later this week for further direction.

At the interbank foreign exchange market the rupee opened at 95.35, then touched 95.34, registering a gain of 3 paise from its previous close.

On Monday (August 3, 2026), the rupee closed at 95.47 against the American currency.

The rupee opened on a flat note and may remain in the range of 95 to 95.50 as oil and dollar index also remain very stable while the market awaits for the RBI Monetary policy decision on Wednesday (August 5, 2026), said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.

A broad-based weakness in the U.S. Dollar Index, improving global risk sentiment, and continued foreign portfolio inflows into Indian equities also supported the rupee. In addition, the Reserve Bank of India (RBI) was reported to have remained active in the foreign exchange market (it received premiums), helping to smooth volatility and reinforce positive sentiment, he said.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.99, marginally up by 0.09%.

The dollar index slipped below the psychologically important 100 level. The dollar remained under pressure as investors continued to price in a more accommodative Federal Reserve outlook following recent softer U.S. inflation data, Mr. Bhansali added.

Brent crude, the global oil benchmark, was trading higher by 1.15% at $84.73 per barrel in futures trade, but a sharp correction from the highs above $100 per barrel seen in July.

The broad decline in Brent prices was driven by easing geopolitical tensions in the Middle East, which reduced concerns about supply disruptions, while expectations of higher OPEC+ production and adequate global supply added to the bearish sentiment, Bhansali said.

On the domestic equity market front, the Sensex climbed 97 points to 78,736.20 in early trade; Nifty down 173.95 points to 24,600.35.

Foreign Institutional Investors purchased equities worth ₹922.26 crore on a net basis on Monday (August 4, 2026), according to exchange data.

The rupee appreciated 48 paise to close at 94.95 (provisional) against the U.S. dollar on Tuesday (July 7, 2026), on improved global risk sentiments as higher traffic flows through the Strait of Hormuz reduced supply uncertainties.

Forex traders said market sentiment was also buoyed after Saudi Arabia slashed August crude oil prices for Asia by $11 per barrel.

Moreover, softness in Brent oil prices will ease inflationary pressures for India, the world’s third-largest oil importer, market analysts said.

At the interbank foreign exchange market, the rupee opened at 95.33 and traded in the range of 94.94-95.37 in intraday trade. At the end of Tuesday’s (July 7, 2026) trading session, the rupee was quoted at 94.95 (provisional), higher by 48 paise over its previous close.

On Monday (July 6, 2026), the rupee depreciated 25 paise to close at 95.43 against the US dollar.

“The Indian rupee gained sharply today on improved global risk sentiments and a weak dollar. Softness in crude oil prices too supported the rupee as it is likely to ease inflationary pressure. Disappointing ISM services PMI too supported the rupee,” said Anuj Choudhary, Research Analyst, Mirae Asset ShareKhan.

Mr. Choudhary further noted that “improved global risk sentiments on improved traffic in the Strait of Hormuz also supported the rupee. However, hedging demand from importers may cap sharp upside”.

“Traders may take cues from weekly employment change data from the U.S. USD-INR spot price is expected to trade in a range of 94.60 to 95.30.”

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 100.96, up 0.11%.

Brent crude, the global oil benchmark, was trading higher by 1.19% at $72.85 per barrel in futures trade.

On the domestic equity market front, Sensex declined 104.35 points to settle at 78,180.72, while the Nifty fell 31.65 points to close at 24,398.70.

Foreign institutional investors purchased equities worth ₹243.03 crore on a net basis on Monday (July 6, 2026), according to exchange data.

Benchmark indices Sensex and Nifty drifted lower in early trade on Tuesday (June 30, 2026) amid uncertainty over the next round of U.S.–Iran negotiations in Doha.

Fresh foreign fund outflows and decline in blue-chip IT stock also weighed on the sentiments.

The 30-share BSE Sensex declined 103.95 points to 76,624.42 in early trade, paring its opening gains. The 50-share NSE Nifty dropped 40.10 points to 23,908.80.

From the Sensex pack, Infosys, Tata Consultancy Services, Tata Steel, HCL Tech, Hindustan Unilever and Eternal were among the major laggards.

Maruti, Axis Bank, Power Grid and Bharti Airtel were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,350.10 crore on Monday (June 29, 2026), according to exchange data.

Brent crude, the global oil benchmark, traded 0.56% lower at $72.74 per barrel.

“Indian equity markets are expected to trade with a cautious bias as investors closely monitor renewed geopolitical tensions ahead of the next round of US–Iran negotiations. Investor attention is now firmly focused on the upcoming negotiations in Doha, with hopes that diplomatic progress will help ease regional tensions,” Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index quoted higher, while Hong Kong’s Hang Seng index traded lower.

U.S. markets ended higher on Monday (June 29, 2026), with the Nasdaq Composite surging 2.07% and S&P 500 climbing 1.18%.

On Monday (June 29, 2026), the Sensex declined 372.10 points, or 0.48%, to settle at 76,728.37. The Nifty dropped 109.75 points, or 0.46%, to end at 23,946.25.

The rupee appreciated 14 paise to close at 95.27 (provisional) against the U.S. dollar on Wednesday (June 10, 2026), amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit.

Forex traders said the rupee pared its initial losses and settled on a positive note as Brent crude oil prices and the U.S. dollar index retreated from their elevated levels. Moreover, likely intervention from the Reserve Bank of India (RBI) also supported the domestic unit at lower levels.

At the interbank foreign exchange market, the rupee opened at 95.52, then touched an intraday high of 95.07 and a low of 95.56 against the U.S. dollar. The rupee finally ended the session at 95.27 (provisional), registering a rise of 14 paise from its previous close.

On Tuesday (June 9, 2026), the rupee appreciated 20 paise to close at 95.41 against the U.S. dollar. Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.87, down 0.04%.

Brent crude, the global oil benchmark, was trading lower by 0.32% at $91.16 per barrel in futures trade. Forex traders said the rupee steadied as markets await U.S. CPI data amid escalating U.S.-Iran tensions.

According to traders, the Indian rupee remains under severe pressure due to renewed geopolitical tensions in West Asia. As India heavily relies on energy imports, any spike in global crude oil prices directly widens the trade deficit and weakens the domestic currency, they said.

The United States launched retaliatory strikes against Iran after an American Apache helicopter was downed near the Strait of Hormuz.

In response, Iran’s Islamic Revolutionary Guard Corps (IRGC) launched retaliatory drone and long-range missile strikes targeting U.S. facilities across the region.

On the domestic equity market front, Sensex was marginally up 64.42 points and settled at 73,983.18, while the Nifty skidded 27.15 points to close at 23,214.95. Foreign institutional investors offloaded equities worth ₹4,566.03 crore on a net basis on Tuesday (June 9, 2026), according to exchange data.

Meanwhile, Indian government bond yields dropped sharply in the last four days, with the benchmark 10-year yield falling 0.10%, as foreign portfolio investor (FPI) inflows picked up after the government’s recent tax relief measures for debt investments.

Money market experts attributed the easing yields on government securities to heavy inflows of ₹11,026.331 crore in the last four days by foreign investors in these securities under the Fully Accessible Route (FAR). FAR allows non-resident investors to invest in specified Government of India dated securities without any investment ceilings.

Equity benchmark indices Sensex and Nifty began the first trading session of 2026 on an optimistic note, supported by steady buying by domestic institutional investors and strong gains in blue-chip Reliance Industries.

The 30-share BSE Sensex climbed 223.54 points to 85,444.14 in early trade on Thursday (January 1, 2026). The 50-share NSE Nifty went up by 65.75 points to 26,195.35.

From the 30-Sensex firms, InterGlobe Aviation, Mahindra & Mahindra, Eternal, Reliance Industries, Larsen & Toubro and UltraTech Cement were among the biggest gainers.

ITC, Bharat Electronics, Trent and Bajaj Finance were among the laggards.

Asian markets were closed on Thursday (January 1, 2025). U.S. markets ended lower on Wednesday (December 31, 2025).

“Indian equity markets step into the first trading session of 2026 on a cautiously optimistic note, set against a globally quiet backdrop as most major international markets remain closed for New Year’s Day. With the U.S., Europe, and several Asian markets shut, global cues are limited and early liquidity is expected to remain thin.

“As the session progresses, domestic participation is likely to improve, supported by steady DII inflows and the renewed optimism that typically accompanies the start of a new calendar year,” Ponmudi. R, CEO of Enrich Money, an online trading and wealth-tech firm, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,597.38 crore on Wednesday (December 31, 2025), while Domestic Institutional Investors (DIIs) bought stocks worth ₹6,759.64 crore, according to exchange data.

Brent crude, the global oil benchmark, declined 0.78% to $60.85 per barrel.

On Wednesday (December 31, 2025), the Sensex jumped 545.52 points or 0.64% to settle at 85,220.60. The Nifty soared 190.75 points or 0.74% to end at 26,129.60.

In the entire 2025, the Sensex rallied 7,081.59 points or 9%, and the Nifty zoomed 2,484.8 points or 10.50%.