Rupee Climbs as Dollar Weakens Amid Oil Price Volatility
The Indian rupee gained 3 paise to close at 95.42 against the US dollar on August 15, 2026, due to weakness in the greenback against major rivals overseas.
According to forex traders, the rupee stayed under pressure due to foreign fund outflows and rising crude oil prices amid geopolitical uncertainties.
Jateen Trivedi, VP Research Analyst at LKP Securities, stated that the dollar index remained below 100 near 99.50, limiting the rupee's downside.