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Rupee Falls 3 Paise To Close At 86.08 Against US Dollar
Kashmir Observer
|JUNE 26, 2026 ISSUE
The rupee gave up its gains and settled for the day lower by 3 paise at 86.08 against the US dollar on Wednesday, weighed down by the recovery in the US Dollar index and selling pressure from foreign funds.
Forex traders said the ceasefire between Israel and Iran has led to a rise in risk appetite. Moreover, a strong show in the domestic equity market prevented steep losses in the local unit, they said.
At the interbank foreign exchange, the rupee opened at 86.00 against the US dollar and traded in the range of 85.79-86.14 before settling at 86.08, down 3 paise from its previous close.
Dit verhaal komt uit de JUNE 26, 2026 ISSUE-editie van Kashmir Observer.
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