Rupee Slips as Oil Prices Rise Amid Diplomatic Tensions
The Indian rupee has fallen 11 paise to 95.84 against the US dollar in early trade on September 24, 2026, due to geopolitical uncertainties.
A sharp surge in crude oil prices pushed US bond yields and the greenback higher, putting pressure on the local currency.
Forex traders said foreign capital inflows failed to support the rupee as selling pressure in the domestic equity market and a strengthening American currency outweighed any benefits.