Rupee falls 8 paise to 95.25 against U.S. dollar in early trade
The Indian rupee declined by 8 paise to 95.25 against the U.S. dollar on Monday, pressured by a stronger dollar and rising global crude oil prices. Despite the dip, strong foreign institutional investment and increased forex reserves helped prevent a more significant devaluation.
Why it matters
Currency fluctuations impact national inflation, import costs, and overall economic stability in emerging markets.
The rupee fell 8 paise to 95.25 against the U.S. dollar in early trade on Monday (August 10, 2026), weighed down by a stronger greenback and a rise in global crude oil prices.
However, FII inflows and a rise in the country’s forex reserves capped a sharper fall in the local unit, forex traders said.
At the interbank foreign exchange, the rupee opened at 95.18 before slipping further to 95.25, down 8 paise from its previous close.
The rupee settled with a 5 paise gain at 95.17 against the U.S. dollar on Friday (August 7, 2026).
“Overall, USD/INR remained range-bound around 95.20-95.30, with the rupee ending the session (on Friday) marginally stronger. Strong forex reserves also provided confidence and limited dollar-demand pressure,” Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
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