Archive · 20 Jul 2026
Rupee Declines 14 Paise Against US Dollar
The Indian rupee became weaker and lost 14 paise against the US dollar on Monday.
This happened because there was a lot of uncertainty in global markets, oil prices went up, and there were tensions between the US and Iran.
The rupee started at 96.53 and later settled at 96.44.
On Friday, it had actually gained 12 paise.
The US and Iran are having conflicts, which is making oil prices rise.
The Indian stock market also fell.
But India's money saved in foreign currencies increased to USD 675.157 billion.
The rupee weakened by 14 paise to 96.44 against the US dollar in early trade on Monday.
The decline was due to global risk aversion, a surge in crude oil prices, and escalating US-Iran conflict.
Foreign capital outflows from domestic equity markets also weighed on the Indian currency.
The rupee opened at 96.53 and later traded in the range of 96.35 to 96.53 during the day.
India's forex reserves increased by USD 964 million to USD 675.157 billion in the week ended July 10.
- Who
- Indian rupee and US dollar
- What
- Rupee weakened by 14 paise against the US dollar
- When
- Monday, July 20, 2026
- Where
- Interbank foreign exchange market
- Why
- Due to global risk aversion, surge in crude oil prices, and escalating US-Iran conflict
Market Analysts
Government Officials
Impact of Global Events
Market Analysts
The rupee's decline is primarily due to global risk aversion, rising crude oil prices, and escalating US-Iran conflict.
Government Officials
The government is taking measures to stabilize the currency and mitigate the impact of global events.
- Opening Rate
- 96.53
- Previous Close
- 96.30
- Current Rate
- 96.44 (provisional)
- Dollar Index
- 100.54
- Brent Crude Price
- USD 90.26 per barrel
- Foreign Capital Outflows
- Rs 376.41 crore
- Forex Reserves
- USD 675.157 billion
