The Hindu·3 min read·medium
Rupee slips 4 paise to settle at 96.57 against U.S. dollar
P
PTI
✦AI Summary
The Indian rupee depreciated against the U.S. dollar as rising tensions in West Asia pushed global crude oil prices higher. Despite RBI intervention, the currency remains under pressure due to geopolitical instability and weak domestic market performance.
The rupee declined 4 paise to close at 96.57 (provisional) against the U.S. dollar on Thursday (July 23, 2026), as heightened hostilities in West Asia kept global crude oil prices elevated.
economybusiness
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