22-04-2026 12:00:00 AM
The rupee declined 32 paise to close at 93.48 (provisional) against the US dollar on Tuesday, weighed down by a steady American currency and volatile crude oil prices amid uncertainties over the progress of West Asia peace negotiations.
Positive domestic equity markets failed to boost the local currency, which was also impacted by the Reserve Bank of India’s (RBI) latest move to ease curbs on speculative bets in non-deliverable forward markets, forex analysts said.