Rupee declines 45 paise to 94.67 against dollar
pre-market1 source ↓written by the desknot a recommendation
- The rupee fell
- 45 paise
- against the U.S
- 94.67
- early trade
- 8 May 2026
- per barrel
- $101.00
The rupee fell 45 paise to 94.67 against the U.S. dollar in early trade on 8 May 2026. This depreciation follows a rise in Brent crude prices to $101.00 per barrel amid escalating tensions between U.S. and Iranian forces near the Strait of Hormuz.
Investor sentiment was impacted as geopolitical tensions raised concerns over oil supply, which could influence inflation and trade balances.
Not investment advice. For informational purposes only.