Forex

Rupee Dips to 96.05 as Oil Prices and Yields Keep Dollar Strong

Guavy AI Editorial Team Published September 29, 2026

Instruments

USD

The Indian rupee began trading on September 29 at 96.05 against the US dollar, marking a slight decline from its previous close of 95.98.

This depreciation is attributed to higher US yields and oil prices, which have kept the dollar strong throughout the day.

According to Finrex, exporters are selling around 95.95 levels, while importers are buying dips in anticipation of major fluctuations in the coming months.

The Wire

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