Rupee rises 13 paise to 95.65 against U.S. dollar in early trade
The Indian Rupee appreciated by 13 paise to reach 95.65 against the U.S. dollar, driven by a pullback in crude oil prices and positive market sentiment. Analysts note that the currency remains range-bound as the central bank intervenes to manage liquidity.
Why it matters
Currency fluctuations impact inflation and import costs, making this critical for the Indian economy and foreign investors.
The rupee appreciated 13 paise to 95.65 against the U.S. dollar in early trade on Tuesday (September 22, 2026) supported by a pullback in crude oil prices and positive domestic market sentiment.
Forex traders said the rupee opened positive this morning with Brent crude retreating from elevated levels on easing immediate supply concerns, as Saudi Arabia increased exports through the Strait of Hormuz and markets were hopeful of partial restoration of the damaged East-West pipeline.
At the interbank foreign exchange market, the rupee opened at 95.75, then touched 95.65 against the American currency, registering a gain of 13 paise from its previous close.
On Monday (September 21, 2026), the rupee appreciated 18 paise to close at 95.78 against the U.S. dollar.
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