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Searched Tag: indian rupee value
Indian rupee weakens past 94/$ for fifth day as oil surge, dollar demand and Strait of Hormuz tensions weigh amid ongoing US-Iran standoff.

Rupee declines 24 paise to 94.25 against US dollar

April 24, 2026, 10:40 AM - 2 min read

Analysts noted that, despite a ceasefire between the United States and Iran, ship movement through the Strait of Hormuz remains uncertain after the US military seized another Iranian oil tanker on Thursday. The move has intensified the standoff and unsettled global fuel prices.

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Rupee falls 31 paise to 93.75 vs US dollar in early trade, hit by high crude oil prices, FII outflows and weak equities amid West Asia tensions.

Rupee falls 31 paise to 93.75 vs US dollar

April 22, 2026, 10:13 AM - 2 min read

The rupee plunged 28 paise to settle at 93.44 against the US dollar on Tuesday, a day after losing 25 paise on Monday. The currency had gained 47 paise in the preceding two sessions.

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