The Hindu·3 min read·medium
Rupee falls 7 paise to close at 95.68 against U.S. dollar
P
PTI
✦AI Summary
The Indian rupee depreciated by 7 paise to close at 95.68 against the U.S. dollar, driven by rising global crude oil prices and geopolitical tensions in West Asia. Market sentiment was further dampened by significant foreign institutional investor selling and weak global economic cues.
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.
economybusiness
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