← Latest news 
Rupee crosses 94 per dollar again as RBI eases forex rules and crude surges
Economy
Published on 24 April 2026
RBI relaxed forex trading, but crude pushed it past 94
The Indian rupee slid for a fourth straight day, settling at 94.11 per US dollar, as the RBI removed restrictions on foreign exchange trading. Traders also pointed to higher crude oil prices, with Brent futures crossing $100 a barrel, adding pressure on the currency. The move marks a fresh stretch of weakening amid global price shocks.
- Rupee closes at 94.11 per dollar for a fourth straight session
- RBI removal of forex trading restrictions boosted market movement
- Brent crude above $100 per barrel worsened rupee pressure
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times