Rupee breaches 94-mark amid foreign fund outflows
after close1 source ↓written by the desknot a recommendation
- against the US
- 94.05
- as foreign fund
- 29 paise
- rise
- 1.63%
- in Nifty
- 1.72%
The Indian rupee fell to a record low of 94.05 against the US dollar, declining 29 paise as foreign fund outflows persist due to geopolitical tensions in West Asia. Despite a 1.63% rise in the Sensex and 1.72% in Nifty, the rupee's depreciation reflects ongoing market challenges.
In legislative news, the government introduced the 2026 Foreign Contribution Regulation Amendment Bill, aiming to regulate foreign funding for organizations involved in activities contrary to national interests.
Not investment advice. For informational purposes only.