The Indian rupee weakened by six paise against the US dollar on Tuesday, closing at 94.73. This dip was primarily driven by a surge in the dollar index to a one-year high, fueled by anticipation of a US Federal Reserve rate hike. Dealers indicated that global dollar strength, not domestic issues, impacted the rupee's performance. Further strengthening of the dollar index is expected, suggesting continued pressure on the rupee.

Rupee declines 34 paise to close at 94.67 against the US dollar amid market volatility and global currency strength.

At the interbank foreign exchange, the rupee on Tuesday opened at 94.73 against the US dollar before rising to 94.69, down 6 paise from its previous close. | Business News

Rupee falls 11 paise to 94.74 against the US dollar, influenced by a strong dollar and weak domestic markets.

The Indian rupee weakened by six paise against the US dollar on Tuesday, closing at 94.73. This dip was primarily driven by a surge in the dollar index to a one-year high, fueled…

Rupee declined 10 paise to 94.86 against the US dollar in early trade on Wednesday as the greenback continued to gain in strength.

Rupee appreciates 11 paise to 94.65 against the dollar, boosted by falling crude prices and positive equity market sentiments.