Rupee falls 12 paise to 94.50 against U.S. dollar in early trade
The Indian Rupee depreciated by 12 paise to 94.50 against the U.S. dollar in early trade, driven by sluggish domestic equity markets and rising global crude oil prices. Analysts suggest the currency may see a slight positive bias in the future due to potential IPO-related inflows.
Why it matters
Currency fluctuations impact inflation, import costs, and overall investor sentiment in the Indian economy.
Rupee falls 12 paise to 94.50 against U.S. dollar in early trade left Image used for representation purpose only. Getty Images/iStockphoto Getty Images/iStockphoto https://th-i.thgim.com/public/news/national/av20hy/article71610115.ece/alternates/FREE_1200/Rupee.jpg Deepak Sethi Indian currency According to forex analysts, the rupee began trading on a flat-to-lower trajectory due to sluggish domestic equities and surging crude oil prices Mumbai The rupee depreciated 12 paise to 94.50 against the U.S. dollar in early trade on Thursday (October 22, 2026), weighed down by weak domestic markets and elevated crude oil prices. According to forex analysts, the rupee began trading on a flat-to-lower trajectory due to sluggish domestic equities and surging crude oil prices. However, the downside remained cushioned by a softer U.S. dollar and declining U.S. Treasury yields.. At the interbank foreign exchange market, the rupee opened at 94.47, then lost ground to touch 94.50, lower by 12 paise over its previous close.
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