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Rupee gains 2 paise to 95.74 vs US dollar

Mint Kolkata

|

June 05, 2026

The rupee rose 2 paise to settle at 95.74 against the US dollar on Thursday, as the global crude oil prices eased and market participants keenly awaited the decision of the Reserve bank of India's (RBI) monetary policy committee on Friday.

Heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying capped sharp gains in the local unit. Forex traders said the prolonged West Asia crisis poses a major risk for India, which relies heavily on energ

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