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Rupee closed lower at 94.6850 per Dollar on Thursday (25 June 2026), versus its previous close of 94.4925 per Dollar. The currency market will be shut for trading tomorrow (26 June 2026), on account of holiday for Muharram. Trading will resume on 29th June 2026 (Monday).Powered by Capital Market - Live News

The Indian rupee appreciated 16 paise to settle at 94.39 (provisional) against the US dollar on Thursday as global crude oil prices continued to slide. Positive sentiments in the domestic equity markets and a marginally weaker greenback further supported the local unit while FII outflows prevented sharper gains. At the interbank foreign exchange, the rupee opened at 94.30 against the dollar and traded in the range of 94.13-94.56. It settled at 94.39 (provisional), up 16 paise from the previous close. Indian shares gave up some early gains to end modestly higher on Thursday. Underlying sentiment remained underpinned somewhat as oil prices extended declines to levels seen before the Middle East conflict on signs of improving flows through the Strait of Hormuz, a key maritime route that handles around one-fifth of global oil supplies.Powered by Capital Market - Live News

The US dollar advanced for a third straight day on Wednesday to hit a 13-month high as overall sentiments remained supported for the currency after dollar index broke above 100 mark few days back. Market is expecting elevated interest rates in coming months and keeping dollar well supported. The US Treasury Secretary Scott Bessent on Wednesday applauded Fed Chair Kevin Warsh`s plan to reduce forward rate guidance, but said Fed policymakers need to keep an open mind on the inflation impact of the Iran conflict. Dollar index is currently trading flat around 101.30 and is up around 2.50% this month. Powered by Capital Market - Live News

Euro attempts recovery against the dollar on Thursday after being pushed to its lowest level in almost a year. EUR/USD is seen quoting at $1.1403, up marginally on the day after the counter was severely battered through the week and last as dollar firmed up on a hawkish Fed stance. Possibility of more than one Federal rate hike this year to tame soaring inflation is seen propping dollar and weighing on dollar denominated assets. The dollar index is trading above 101 mark and yield on the US 10-year Treasury note is also hovering around 4.4% this morning. Investors also continued to evaluate the outlook for Federal Reserve policy ahead of a key US inflation report that could help shape expectations for interest rates. On the NSE, EUR/INR futures are down around 0.12% at 107.40. Powered by Capital Market - Live News

The Indian rupee is witnessing a pullback from sharp decline registered this week in opening trades on Thursday as oil prices are receding to near pre war levels and by taking some positive cues from local equities. INR opened at Rs 94.30 and hit a high of 94.25 far during the day. Yesterday, rupee appreciated by 11 paise to settle at 94.65 against the US dollar on Wednesday on the back of a steep fall in global crude oil prices. Positive sentiments in the domestic equity markets and FII inflows further supported the local unit. Indian shares rose sharply on Wednesday amid easing geopolitical tensions and growing optimism around a potential U.S.-India bilateral trade agreement. Global oil prices fell to their lowest level in four months amid indications that more tankers stranded in the Gulf since the start of the Iran war were beginning to move through the Strait of Hormuz. However, dollar strength overseas on expectation of a near term rate hike is likely to cap any sharp gains in the counter. Powered by Capital Market - Live News