Rupee drops 24 paise to 94.25 against U.S. dollar in early trade

The rupee stayed connected a downward way for the 5th consecutive day, losing 24 paise to 94.25 against the U.S. dollar successful aboriginal commercialized connected Friday (April 24, 2026), weighed by volatile crude lipid prices and an elevated U.S. dollar, with prospects of West Asia bid talks turning hazier.

Analysts said that contempt a ceasefire successful spot betwixt the United States and Iran, vessel question done the Strait of Hormuz remained uncertain aft the U.S. subject connected Thursday (April 23, 2026) seized different Iranian lipid tanker, intensifying the standoff and unsettling the substance prices worldwide.