Economists predict the Indian rupee will remain stable at 94-96 against the US dollar despite falling crude oil prices. Unlikely to appreciate significantly, the rupee is expected to gradually weaken to around 96.5 by March 2027, as central bank policies absorb dollar inflows.

At the interbank foreign exchange market, the rupee opened at 95.15 against the US dollar and traded in the range of 94.98-95.61 during the day.

Softness in Brent oil prices will ease inflationary pressures for India, the world's third-largest oil importer, market analysts said.

At the interbank foreign exchange market, the rupee opened at 95.20 against the American currency and traded in a range of 95.16-95.35 during the session.

At the interbank foreign exchange market, the rupee opened at 94.95 against the American currency and traded in a range of 94.90-95.40 during the session.

The report said the US Dollar Index traded at 101.3, supported by stronger-than-expected employment data

At the interbank foreign exchange, the rupee opened at 94.73 against the US dollar and traded in a range of 94.63-94.92 before settling at 94.76, down 13 paise from its previous close.

At the interbank foreign exchange, the rupee opened at 94.30 against the US dollar and traded in the range of 94.20-94.52. Eventually, it settled at 94.33, up 7 paise from its previous close.

At the interbank foreign exchange, the rupee opened at 94.66 against the US dollar and traded in the range of 94.18-94.71. Eventually, it settled at 94.40, up 10 paise from its previous close.

At the interbank foreign exchange, the rupee opened at 94.69 against the US dollar and traded in the range of 94.48-94.71 before settling at 94.60, down 2 paise from its previous close.

The local unit appreciated 16 paise to close at 95.25 against the US dollar on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit.

No summary available for this record.

Forex traders said besides the de-escalation of tensions in the West Asia war, likely intervention by the Reserve Bank of India, positive domestic markets and easing US treasury yields supported the rupee.

At the interbank foreign exchange market, the rupee opened at 95.70 against the US dollar, then touched an intra-day low of 95.85 and a high of 95.59 before closing at 95.83 (provisional), down 7 paise from its previous close.

At the interbank foreign exchange market, the rupee opened at 95.43 against the US dollar, then touched an intraday low of 95.80 and finally ended the session at 95.76, down 40 paise from its previous close.