14-07-2026 12:00:00 AM
The rupee depreciated 30 paise to close at ₹95.68 against the US dollar on Monday, weighed down by elevated crude oil prices after Iran declared the Strait of Hormuz closed. Forex traders said renewed drone and missile strikes between the US and Iran prompted supply concerns, while elevated crude oil prices and a strong greenback triggered capital outflows. At the interbank foreign exchange market, the rupee opened at ₹95.72 against the American currency and traded in a range of ₹95.58 to ₹95.86 during the session.
-PTI