Rupee falls 56 paise to close at 95.74 against U.S. dollar
The Indian rupee depreciated by 56 paise to close at 95.74 against the U.S. dollar on June 8, 2026. The decline was driven by rising crude oil prices and increased risk aversion in global markets due to geopolitical tensions.
Why it matters
Currency depreciation impacts inflation and import costs for India, signaling broader economic instability in emerging markets.
The rupee depreciated 56 paise to settle at 95.74 (provisional) against the American currency on Monday (June 8, 2026), pressured by elevated crude oil prices and the strength of the U.S. dollar in the overseas market due to higher risk aversion amid escalating geopolitical tensions.
The report is a factual summary of market data without editorializing.
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