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Rupee tumbles 139 paise against dollar as oil spike rattles markets
Indian rupee slides to 94.90 against US dollar as crude oil jumps and geopolitical tensions rise, RBI intervention seen limiting sharper losses.
Rupee opens 40 paise lower at 94.88 against the US dollar
The Indian rupee fell to 94.88 against the dollar as crude oil prices surged and U.S.-Iran tensions escalated. Experts note India's growing dollar dependence, despite healthy foreign reserves, affecting currency performance.
Q4 earnings, crude oil, FII action among 8 factors to steer D-Street this week
Indian stock markets are set for a busy week. Key events like Q4 earnings announcements for many companies will influence trading. Foreign institutional investors' selling continues to be a concern. Geopolitical tensions in the Middle East and US market movements will also play a role. Investors will watch crude oil prices and the Rupee's movement against the dollar.
Petrol, Diesel Price Today May 9: Check Delhi, Mumbai, Gurugram rates as reports of a hike next week emerge
Petrol Diesel Price Today in India: Domestic petrol and diesel prices remained stable across most major Indian cities on Saturday, despite firm global crude oil markets driven by geopolitical tensions. India's oil marketing companies and the government have absorbed rising costs for over two months to prevent retail price hikes, though this arrangement is under strain.
Rupee falls 33 paise against dollar as renewed US-Iran tensions lift oil prices
Indian rupee slips to 94.58 against US dollar as renewed US Iran tensions lift crude oil prices, with traders watching RBI steps and oil driven dollar demand.
INR settles higher as oil prices and DXY retreat from elevated levels
The Indian rupee pared initial losses and settled for the day on a positive note, higher by 23 paise at 94.26 (provisional) against the greenback on Thursday, as Brent crude and the US dollar index retreated from their elevated levels. The dollar index continues to linger under 98 mark for the second consecutive day as safe haven demand wanes amid improving prospects of a near term peace deal between US and Iran. Meanwhile, brent oil prices have fallen below USD 100 per barrel on a rise in investor risk appetite in global markets on hopes of peace between the US and Iran. However, factors such as unabated foreign capital outflows and safe-haven dollar demand from importers capped sharp gains for the rupee. Indian benchmark indices ended flat, with the Sensex falling 114 points to settle at 77,844.52 and the Nifty50 dipping 4.30 points to close at 24,326.65.
Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on 7 May in Delhi, Mumbai and Kolkata
MCX gold and silver prices rose on 7 May amid hopes of a US-Iran peace deal and easing crude oil prices. Check the latest 24K, 22K gold and 999 silver rates in Delhi, Mumbai, Kolkata, Chennai and other major Indian cities.
INR recovers under Rs 95/$ mark as oil plunges; Nifty, Sensex stage a sharp recovery
The Indian rupee appreciated 61 paise to close at 94.57 (provisional) against the US dollar on Wednesday, as Brent crude prices retreated from elevated levels under USD 100 per barrel after US President Donald Trump hinted at a possible deal with Iran. Market sentiment was boosted after Trump paused "Project Freedom," a US operation to escort ships through the Strait of Hormuz. Indias BSE Sensex rose 1.2% to close at 77,958.5 on Wednesday, an over two-week high as global market sentiment improved following a drop in crude oil prices after US President Trump claimed progress in negotiations with Iran toward an agreement to end the war. Meanwhile, DXY slipped 97.53, the lowest since February 2026. Over the past 4 weeks, Dollar Index lost 2.22%, and in the last 12 months, it decreased 1.98%.
Rupee gains 25 paise against dollar on easing oil prices
Indian rupee gains 25 paise as oil prices fall and US Iran tensions ease, but currency remains under pressure, RBI seen exploring steps to boost dollar inflows.
USD vs INR: Indian Rupee may depreciate to 96 per US dollar amid rising crude oil prices, global risk
The Indian rupee fell 20 paise to 95.43 against the US dollar amid geopolitical tensions and rising Brent crude prices, impacting oil-importing nations. Experts warn that prolonged currency weakness could worsen India's current account deficit and trigger further capital outflows.
Rupee at record low: Key factors behind the fall
Indian rupee hits record low near 95.40 per US dollar as surging oil, US–Iran tensions, strong dollar and weak capital inflows strain India.
Rupee hits record low of 95.39 against US dollar amid elevated crude oil prices
The Indian rupee fell to a record low of 95.39 per dollar on May 5 due to US-Iranian strikes and rising oil prices, increasing dollar demand. Analysts suggest the Reserve Bank of India may need to implement measures to stabilize the currency amidst ongoing economic pressures.