Rupee falls 29 paise to close at 95.22 against U.S. dollar
The Indian rupee depreciated by 29 paise to close at 95.22 against the U.S. dollar on Monday. The decline is attributed to rising crude oil prices and geopolitical instability in West Asia.
Why it matters
Currency fluctuations impact inflation and import costs, serving as a key indicator of economic health in emerging markets.
Rupee falls 29 paise to close at 95.22 against U.S. dollar left Image used for representational purposes only. Getty Images/iStockphoto Getty Images/iStockphoto https://th-i.thgim.com/public/news/national/9eb81/article71626662.ece/alternates/FREE_1200/iStock-2230740487%201.jpg desifoto One hundred dollar US currency paper note with a stack heap of 500 Rupees Indian currency full frame money cash background. At the interbank foreign exchange market, the rupee opened at 94.92 against the dollar, then lost ground to touch an intra-day low of 95.26 and finally settled for the day at 95.22 (provisional), registering a decline of 29 paise over its previous close Mumbai The rupee depreciated for the third straight day and settled 29 paise lower at 95.22 (provisional) against the U.S. dollar on Monday (October 26, 2026), weighed down by elevated crude oil prices and geopolitical tensions in the West Asia.
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