29 April, 2026 | 2:08 AM
INR falls 41 paise to close at 94.56 against US dollar
29-04-2026 12:00:00 AM
PTI mumbai
The rupee depreciated 53 paise to close at 94.68 against the US dollar on Tuesday, as elevated crude oil prices and unabated foreign capital outflows amid rising geopolitical uncertainties dented investor sentiments. Forex traders said the rupee has already weakened quite sharply, factoring in the likely widening of the Current Account Deficit (CAD) and volatile capital flows. Moreover, persistent foreign fund outflows weighed on the currency, as so far this year, FIIs have pulled out over $19 billion from Indian equities.
