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Forex

Rupee Falls to 95.17 Against US Dollar Amid Geopolitical Risks

Guavy AI Editorial Team
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USD
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The Indian rupee has depreciated by 9 paise to 95.17 against the US dollar in early trade on August 6, 2026.

This decline is due to the offsetting of lower crude oil prices by lingering geopolitical risks.

According to CR Forex Advisors MD Amit Pabari, 'For now the rupee finds itself caught between encouraging diplomatic headlines and lingering geopolitical risks... Positive developments around Hormuz could help it revisit the 94.80-95.00 zone.'

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