23 April, 2026 | 1:31 AM
Rupee nears 94/USD level
23-04-2026 12:00:00 AM
Falling for the third straight session, the rupee declined 34 paise to close at 93.78 against the US dollar on Wednesday as uncertainty over US-Iran peace talks eroded hopes of easing West Asia tensions and set crude oil prices on fire. Intense selling in domestic equity markets and sustained outflow of foreign capital also weighed on the domestic currency, forex traders said.
At the interbank foreign exchange market, the rupee opened at 93.69 and touched an intraday low of 93.87 against the greenback during the session.
