Rupee falls 9 paise to 95.17 against U.S. dollar in early trade
The Indian rupee depreciated by 9 paise to 95.17 against the U.S. dollar during early trade on August 6, 2026. Market analysts attribute the decline to geopolitical risks, despite some support from lower global crude oil prices.
Why it matters
Currency fluctuations impact national inflation, import costs, and overall economic stability in emerging markets.
The rupee depreciated 9 paise to 95.17 against the U.S. dollar in early trade on Thursday (August 6, 2026) as the support from lower crude oil prices were offset by lingering geopolitical risks.
At the interbank foreign exchange market, the rupee opened at 95.13, then touched 95.17 against the American currency, registering a fall of 9 paise from its previous close.
On Wednesday, the rupee settled at 95.08 against the American currency.
"For now the rupee finds itself caught between encouraging diplomatic headlines and lingering geopolitical risks.. Positive developments around Hormuz could help it revisit the 94.80–95.00 zone," said CR Forex Advisors MD Amit Pabari.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 0.05% higher at 99.72.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in