Brief by Shorts91 Newsdesk / 03:29pm on 10 Sep 2026,Thursday India Global
The rupee weakened 25 paise to 95.33 against the US dollar during early trading hours on Thursday, pressured by Brent crude prices crossing $100 and persistent dollar demand. The currency opened at 95.15 at the interbank foreign exchange market before declining to 95.33, marking a 25-paise loss from Wednesday’s close of 95.08. Forex traders said higher crude prices, which raise concerns over India’s import bill, and sustained dollar demand weighed on investor sentiment. The rupee’s move beyond the psychologically important 95-per-dollar level also triggered additional dollar demand and stop-loss activity. However, Reserve Bank of India intervention helped contain further losses, according to Anil Kumar Bhansali of Finrex Treasury Advisors in Mumbai. (PC: PTI)
