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Rupee slips further to 94.25 per dollar as crude and dollar surge

Economy
Published on 24 April 2026
Rupee slips further to 94.25 per dollar as crude and dollar surge

Fifth straight fall as foreign outflows pile pressure

The Indian rupee fell 24 paise to 94.25 against the US dollar in early trade, extending a fifth straight day of decline. Traders blame a strong US dollar, volatile crude oil prices, and heightened West Asia tensions. Foreign investors are also pulling back from Indian equities, adding pressure as Sensex and Nifty trade lower.

  • Rupee drops 24 paise to 94.25 against the dollar
  • Strong US dollar and volatile crude oil weigh on FX
  • West Asia tensions add uncertainty to markets
  • Foreign outflows from Indian stocks intensify pressure
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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