Rupee Depreciates 9 Paise Amid Geopolitical Risks
The Indian rupee depreciated by 9 paise to 95.17 against the US dollar in early trade on August 6, 2026.
This decline comes despite lower crude oil prices, which typically support the rupee.
However, geopolitical risks are still lingering, and this is affecting the rupee's value.
Amit Pabari, MD of CR Forex Advisors, said that the rupee finds itself caught between positive diplomatic headlines and ongoing geopolitical concerns.