Rupee ends 22 paise weaker at 94.23 against U.S. dollar

The rupee extended its losing streak for the 5th time successful a row, depreciating 22 paise to adjacent astatine 94.23 (provisional) against the U.S. dollar connected Friday (April 24, 2026) owed to higher crude lipid prices and strengthening American currency, with prospects of West Asia bid talks hanging successful the balance.

Despite a ceasefire being successful spot betwixt the United States and Iran, vessel question done the Strait of Hormuz remained uncertain, unsettling the planetary substance prices, portion the upheaval triggered a monolithic selling successful home equity markets and outflow of overseas funds, forex analysts said.

President Donald Trump has besides ordered the U.S subject to "shoot and kill" tiny Iranian boats that deploy mines to choke postulation done the Strait of Hormuz..