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The rupee depreciated 15 paise to 95.56 against the U.S. dollar successful aboriginal commercialized connected Wednesday (June 10, 2026) arsenic caller escalations successful the West Asia warfare led to a spike successful crude lipid prices and pressurised the rupee.
Forex traders said the USD/INR brace opened connected a antagonistic enactment aft U.S. President Donald Trump said Iran was liable for downing an American subject chopper adjacent the Strait of Hormuz and that the U.S. “must” respond to the attack.
At the interbank overseas speech marketplace the rupee opened astatine 95.52, past mislaid crushed and touched 95.56 successful archetypal trade, registering a autumn of 15 paise from its erstwhile close.
On Tuesday (June 9, 2026), the rupee appreciated 20 paise to adjacent astatine 95.41 against the U.S. dollar.
According to traders, the Indian rupee is trading with a antagonistic bias and remains nether terrible unit owed to renewed geopolitical tensions successful West Asia.
As India heavy relies connected vigor imports, immoderate spike successful planetary crude lipid prices straight widens the commercialized shortage and weakens the home currency, they said.
The United States launched retaliatory strikes against Iran aft an American Apache chopper was downed adjacent the Strait of Hormuz.
In response, Iran’s Islamic Revolutionary Guard Corps (IRGC) launched retaliatory drone and long-range rocket strikes targeting U.S. facilities crossed the region.
Meanwhile, the dollar index, which gauges the greenback’s spot against a handbasket of six currencies, was trading astatine 99.94, up 0.03%.
Brent crude, the planetary lipid benchmark, was trading higher by 0.73% astatine $92.12 per tube successful futures trade.
On the home equity marketplace front, Sensex climbed 303.73 points to 74,222.49 successful aboriginal trade, portion the Nifty was up 85.40 points to 23,327.50.
Foreign organization investors offloaded equities worthy ₹4,566.03 crore connected a nett ground connected Tuesday (June 9, 2026), according to speech data.
