Rupee falls 59 paise to 95.55 against dollar
The rupee fell 59 paise to close at 95.55 against the U.S. dollar on July 8, 2026, amid rising tensions after U.S. strikes on Iran. This situation is likely to increase volatility in currency markets and impact import costs.
after close1 source ↓written by the desknot a recommendation
- to close
- 59 paise
- against the U.S
- 95.55
- dollar
- 8 July 2026
The rupee declined by 59 paise to close at 95.55 against the U.S. dollar on 8 July 2026. This drop follows U.S. military strikes on Iran after Tehran attacked three ships in the Strait of Hormuz, which has led to rising crude oil prices and a stronger dollar.
The geopolitical tensions may increase volatility in currency markets, impacting import costs and inflation. Traders should monitor oil price movements closely as they could further influence the rupee's trajectory.
Not investment advice. For informational purposes only.