The Hindu·3 min read·medium
Rupee rises 48 paise to close at 94.95 against U.S. dollar
P
PTI
✦AI Summary
The Indian rupee appreciated by 48 paise to close at 94.95 against the U.S. dollar on July 7, 2026. This gain was driven by improved global risk sentiment following reduced supply uncertainties in the Strait of Hormuz and a decrease in crude oil prices.
The rupee appreciated 48 paise to close at 94.95 (provisional) against the U.S. dollar on Tuesday (July 7, 2026), on improved global risk sentiments as higher traffic flows through the Strait of Hormuz reduced supply uncertainties.
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