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The rupee extended its losing streak for the fourth consecutive session, settling 33 paise lower at 94.11 (provisional) on Thursday (April 23, 2026) and breached the 94-level for the second time in a month amid soaring crude oil prices as West Asia peace talks moved to an uncertain trajectory.
Massive selling of domestic equities and incessant withdrawal of foreign funds amid rising worldwide demand for the American currency further weighed on the domestic unit, which has lost over 1% in a week, forex traders said.
Published – April 23, 2026 04:25 pm IST