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Forex Market News, Forex Trading, Currency Rates News | The HinduBusinessLine

Rupee surges past 95/USD mark; 10-yr benchmark bond yield hardens beyond 7% Rupee to encounter fresh strain as Fed's hawkish tilt compounds oil pain Iran's rial currency hits record low as shaky ceasefire with US, Israel still holds Rupee hits record closing low as oil prices surge amid Iran conflict and foreign outflows Rupee falls 13 paise to 94.81 against US dollar in early trade Rupee closes at a one-month low on rising crude oil prices Rupee falls 41 paise to close at 94.56 against US dollar Rupee falls 24 paise to 94.39 against US dollar in early trade Rupee faces pressure from stubbornly high oil, weak Asian peers Rupee ends flat at 94.15 against US dollar amid oil price surge and global tensions Rupee falls 11 paise to 94.27 against US dollar in early trade Dollar steady as traders assess stuttering US-Iran talks Rupee to stay under pressure; high oil prices spur importer hedging, dampen flows Rupee ends 22 paise weaker at 94.23 against US dollar Rupee’s valuation sinks to over-a-decade low, bruised by Iran war, portfolio outflows Rupee drops 24 paise to 94.25 against US dollar in early trade Rupee is fundamentally undervalued, says India’s chief economic adviser Rupee slides 34 paise to 94.12 against US dollar in early trade Rupee may weaken past 94, oil surge wipes large part of relief rally Rupee nears 94/USD level; settles 39 paise lower India's FX curbs drove foreign bond exits, stoking selloff, Nuvama's Marwaha says Rupee may hit 100 per dollar but orderly depreciation no concern: Nilesh Shah Rupee falls 31 paise to 93.75 amid rising oil prices, weak equities Rupee plunges 32 paise to settle at 93.48 against US dollar Dollar subdued as markets eye ceasefire talks; yen pressured by BOJ delay Rupee falls 16 paise to 93.32 against US dollar in early trade Rupee markets navigate partial RBI rollback, US‑Iran risks simmer Rupee falls 19 paise to settle at 93.10 against US dollar Rupee rises 13 paise to 92.78 against US dollar in early trade Rupee rebounds 191 paise against dollar, aided by RBI measures
Arvind Panagariya urges RBI to let rupee depreciate beyon...
BL Mumbai Bureau · 2026-05-22 · via Forex Market News, Forex Trading, Currency Rates News | The HinduBusinessLine
He also cautioned against costly foreign borrowing and NRI deposit schemes to boost reserves.

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