Rupee falls 30 paise to 94.63 against Dollar amid Middle East uncertainty | TheBriefWire
Rupee falls 30 paise to 94.63 against Dollar amid Middle East uncertainty
Published 22 June 2026 ยท finance
The Indian rupee weakened by 30 paise to 94.63 against the US dollar on Monday, pressured by a strong dollar and Middle East tensions. Despite
The Indian rupee weakened by 30 paise to 94.63 against the US dollar on Monday, pressured by a strong dollar and Middle East tensions. Despite supportive inflows and falling crude oil prices, importer demand and foreign institutional investors turning net sellers weighed on the currency. While equity markets saw gains, core sector growth slowed, and the RBI actively intervened in the forex market.
Published: June 22, 2026 โข 10:19 PM IST ยท Updated: June 22, 2026 โข 11:03 PM ISTBy TheBriefWire Editorial Team
Key points
The Indian rupee weakened by 30 paise to 94.63 against the US dollar on Monday, pressured by a strong dollar and Middle East tensions.
Despite supportive inflows and falling crude oil prices, importer demand and foreign institutional investors turning net sellers weighed on the currency.
While equity markets saw gains, core sector growth slowed, and the RBI actively intervened in the forex market.