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The rupee plunged 50 paise to settee astatine 95.75 (provisional) against the U.S. dollar connected Thursday (June 11, 2026) amid heightened tensions successful West Asia and a stronger greenback.
Heavy FII outflows and anemic sentiments astatine the home equity markets enactment further unit connected the section unit, according to forex traders.
At the interbank overseas speech market, the rupee opened astatine 95.55 against the greenback and traded successful the scope of 95.55 to 95.76 earlier settling astatine 95.75 (provisional), down 50 paise from its erstwhile close.
The section portion appreciated 16 paise to adjacent astatine 95.25 against the U.S. dollar connected Wednesday (June 10, 2026), amid apt involution from the Reserve Bank of India (RBI) to curb excessive volatility and forestall a further descent successful the home unit.
Meanwhile, the U.S. and Iran traded strikes for the 2nd time connected Thursday (June 11, 2026), pushing West Asia person to the resumption of a full-scale war.
The American attack, which lasted into Thursday greeting (June 11, 2026) successful Iran, appeared much aggravated and wider than the time before, but Tehran released small accusation connected the grade of the damage.
An Indian authoritative said a U.S. onslaught connected an lipid tanker allegedly trying to interruption Washington's blockade connected Iranian ports killed 3 Indian mariners, underscoring the information to seafarers.
The dollar index, which gauges the greenback's spot against a handbasket of six currencies, was trading astatine 100.07, up 0.13%.
Brent crude, the planetary lipid benchmark, was trading little by 0.67% astatine $92.48 per tube successful futures trade.
On the home equity marketplace front, Sensex declined 150.63 points to settee astatine 73,832.55, portion the Nifty was down 53.35 points to 23,161.60.
Foreign organization investors offloaded equities worthy Rs 2,124.98 crore connected a nett ground connected Wednesday, according to speech data.
