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The Hindu·3 min read·medium

Rupee falls 48 paise to 96.16 against U.S. dollar in early trade

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PTI
Rupee falls 48 paise to 96.16 against U.S. dollar in early trade
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The Indian rupee depreciated by 48 paise to 96.16 against the U.S. dollar amid rising geopolitical tensions in the Strait of Hormuz. Higher crude oil prices and investor flight to safe-haven assets have placed significant pressure on the Indian currency.

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The rupee depreciated 48 paise to 96.16 against the U.S. dollar in early trade on Tuesday (July 14, 2026), as heightened geopolitical uncertainty put pressure on most Asian currencies, including the rupee.

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