Rupee falls 59 paise amid Gulf tensions and rising crude
after close1 source ↓written by the desknot a recommendation
- against the US
- 0.6%
- closing
- ₹95.56
- 59 paise
- ₹94.97
- and support
- ₹95.8
The rupee fell 0.6% against the US dollar, closing at ₹95.56, its weakest in nearly a month, down 59 paise from ₹94.97. Rising crude oil prices and geopolitical tensions have increased volatility, with USDINR facing resistance at ₹95.8 and support at ₹94.95. The bond yield for the 6.94% 2036 bond rose to 6.76%, marking its sharpest increase since April 2.
Not investment advice. For informational purposes only.