Rupee rises nine paise to 95.67 against U.S. dollar
The Indian rupee gained nine paise against the U.S. dollar, supported by positive equity markets and foreign capital inflows. However, gains were tempered by rising crude oil prices linked to escalating conflict in West Asia.
Why it matters
Currency fluctuations and oil prices are key indicators of economic stability and are highly sensitive to geopolitical tensions in energy-producing regions.
The rupee stayed steady for the fifth straight session and settled with a gain of 9 paise at 95.67 (provisional) against the U.S. dollar on Thursday (July 30, 2026), taking cues from positive domestic equity markets and inflows of foreign capital.
According to forex traders, a softening dollar also supported the local currency, but its upward move was restricted due to volatile crude oil prices, triggered by a fresh escalation of the war in West Asia .
At the interbank foreign exchange, the rupee opened at 95.59 and traded in the range of 95.56 to 95.75 against the greenback. The Indian unit ended the session at 95.67 (provisional) against the U.S. dollar, registering a gain of nine paise from its previous closing level.
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