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Rupee falls 6 paise to 96.42 against U.S. dollar in early trade

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Rupee falls 6 paise to 96.42 against U.S. dollar in early trade
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The rupee depreciated 6 paise to 96.42 against the U.S. dollar in early trade on Tuesday (July 21, 2026) as heightened geopolitical uncertainty put pressure on most Asian currencies, including the rupee.Forex traders said the rupee came under pressure from a combination of…

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The Hindu · PTI
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The rupee depreciated 6 paise to 96.42 against the U.S. dollar in early trade on Tuesday (July 21, 2026) as heightened geopolitical uncertainty put pressure on most Asian currencies, including the rupee.Forex traders said the rupee came under pressure from a combination of factors — crude oil prices climbed on renewed geopolitical tensions, and demand for the US dollar increased as investors moved toward safe-haven assets.At the interbank foreign exchange market, the rupee opened at 96.41 then touched 96.42 registering a fall of 6 paise from its previous close.On Monday (July 20, 2026), the rupee had settled at 96.36 against the American currency.Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 100.97 up 0.03%.Brent…

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