Archive · 23 Jul 2026
Rupee falls 20 paise against US dollar
The Indian rupee fell by 20 paise to close at 96.73 against the US dollar on Thursday.
This happened because oil prices went up and there were worries about global politics.
Traders were also worried because the stock market wasn't doing well.
The rupee started the day at 96.53 and went as high as 96.73 before closing at 96.73.
The rupee had previously reached its lowest-ever closing level at 96.86 on May 20.
The rupee closed at 96.73, down 20 paise from the previous day.
The previous closing rate was 96.53.
The rupee opened at 96.53 and traded between 96.45 and 96.73.
Surging crude oil prices and geopolitical uncertainty weighed on the rupee.
Risk aversion in global markets and negative domestic equities dented investor sentiments.
- Who
- Forex traders
- What
- Rupee depreciated by 20 paise
- When
- Thursday
- Where
- Interbank foreign exchange
- Why
- Due to surging crude oil prices, heightened geopolitical uncertainty, risk aversion in global markets, and a negative trend in domestic equities
Market Sentiment
Economic Factors
Market Sentiment
Market Sentiment
Risk aversion in global markets and a negative trend in domestic equities dented investor sentiments.
Economic Factors
The rupee depreciated due to surging crude oil prices and heightened geopolitical uncertainty.
- Closing Rate
- 96.73
- Previous Closing Rate
- 96.53
- Change
- -20 paise
- Opening Rate
- 96.53
- Trading Range
- 96.45 to 96.73
- Lowest Closing Level
- 96.86 (May 20)
- Lowest Intra-day Level
- 96.95 (May 20)
- Brent Crude Price
- USD 96.15 per barrel
