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Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment

The rupee weakened for a second straight session on Wednesday, falling 40 paise to close at 95.76 against the US dollar amid concerns over proposed US tariffs, rising crude oil prices, persistent foreign fund outflows and escalating geopolitical tensions, PTI reported.

Raccontata datimesofindia.indiatimes.comthehindu.comeconomictimes.indiatimes.com

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3 prospettive sulla stessa storia
AI · summaries
timesofindia.indiatimes.comStai leggendo1 mesi fa

Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment

The rupee weakened for a second straight session on Wednesday, falling 40 paise to close at 95.76 against the US dollar amid concerns over proposed US tariffs, rising crude oil prices, persistent foreign fund outflows…

originale
economictimes.indiatimes.com1 mesi fa

Rupee falls 31 paise to close at 95.67 against US dollar

Indian rupee fell to 95.67 (–31 paise) following USTR's 12.5% proposed tariffs on India and capital flight (Rs 8,362 crore FII net outflows). Weaker rupee increases India-based engineering and vendor costs for tech teams; RBI's June 5 decision on rates will signal rupee stabilization prospects.

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thehindu.com1 mesi fa

Rupee falls 31 paise to close at 95.67 against U.S. dollar

India's rupee hit 95.67 per USD (down 31 paise) after the U.S. Trade Representative proposed 12.5% additional duties on Indian imports citing forced labour violations. Higher tariffs and currency depreciation compress offshore IT sourcing margins while signaling prolonged U.S. trade friction with India's services sector.

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Timeline cronologica

  1. lunedì 1 giugno 2026·timesofindia.indiatimes.com

    Rupee falls 34 paise to close at 95.19 against US dollar amid rising crude prices

    The rupee snapped its previous session's rally and fell 34 paise to close at 95.19 against the US dollar on Monday, weighed down by renewed geopolitical tensions involving the US…

  2. martedì 2 giugno 2026·thehindu.com

    Rupee falls 10 paise to close at 95.29 against U.S. dollar

    Rupee declines 10 paise to 95.29 against the dollar as crude prices drop and geopolitical tensions rise.

  3. mercoledì 3 giugno 2026·economictimes.indiatimes.com

    Rupee falls 31 paise to close at 95.67 against US dollar

    The rupee depreciated by 31 paise to 95.67 against the US dollar on Wednesday, influenced by proposed US additional duties on Indian imports due to labor violations. Strong dollar…

  4. mercoledì 3 giugno 2026·thehindu.com

    Rupee falls 31 paise to close at 95.67 against U.S. dollar

    Rupee declines 31 paise to 95.67 against the dollar amid rising crude prices and U.S. import duty proposals.

  5. mercoledì 3 giugno 2026·timesofindia.indiatimes.com

    Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment

    The rupee weakened for a second straight session on Wednesday, falling 40 paise to close at 95.76 against the US dollar amid concerns over proposed US tariffs, rising crude oil…