Rupee Plunges Against Dollar Amid Geopolitical Tensions

The Indian rupee depreciated against the US dollar in early trade on September 24, 2026, falling by 11 paise to 95.84.

This decline comes amidst geopolitical tensions and a sharp surge in crude oil prices, which has led to a strengthening of the US dollar.

Forex traders attributed the rupee's weakness to selling pressure in the domestic equity market and the appreciation of the American currency.

The dollar index, which gauges the greenback's strength against six major currencies, traded at 100.87, up 0.06%.