The Hindu·3 min read·medium
Rupee falls 12 paise to 96.42 against U.S. dollar in early trade
P
PTI
✦AI Summary
The Indian Rupee fell 12 paise against the U.S. dollar as global crude oil prices surged due to escalating tensions in West Asia. The decline was further exacerbated by foreign capital outflows and a downturn in domestic equity markets.
The rupee weakened 12 paise to 96.42 against the U.S. dollar in early trade on Monday (July 20, 2026) due to a surge in crude oil prices and strong demand for the American currency amid the worsening West Asia crisis.
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