Rupee falls 32 paise to all-time low of 95.20 against U.S. dollar


Representative image.

Representative image.
| Photo Credit: Getty Images/iStockphotos

The rupee depreciated 32 paise to an all-time low of 95.20 against the U.S. dollar in early trade on Thursday (April 30, 2026), weighed down by elevated Brent crude oil prices, hovering around $122 per barrel, and strong American currency.

Forex traders said the USD/INR pair may see further downside, as rising crude oil prices are likely to sharply impact India’s import costs, while concerns over potential wider conflict in West Asia are fuelling investor anxiety.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *