Monday, 28 September 2026Updated 12m ago
← Top stories
Market move▼ Bearish for Indian equities

Rupee hits one-week low as oil rally fuels global rate-hike concerns

3 sources · first seen 15:46 24 Sept · updated 17:55 24 Sept

The brief

Written from 3 reports · check the source before you trade
  • The rupee fell to a one-week low of 95.95 per dollar
  • State-run bank dollar sales, likely for the RBI, limited losses
  • A weaker rupee and higher oil costs pressure Indian importers, airlines and oil marketing companies

Tags on this story

Pick a tag to see all its stories
Rupee10 todayCrude oil66 todayUS dollar13 todayRBI19 todayPSU banks16 today

Linked by the tag PSU banks

41 stories this week
  1. 28 SeptAre banks open or closed today? Why 3-day bank strike was deferred by unions; what customers should know3 sources · Banks will function as usual during the strike period announced for September 28–30
  2. 27 SeptUnions plan a three-day nationwide bank strike from September 283 sources · The strike is expected to affect public sector, old-generation private and regional rural banks
  3. 27 SeptBank strike September 28-30: What services will be affected and what will continue1 source
  4. 27 Sept3-Day Bank Strike From Tomorrow: What Banking Services Will Stop And What Will Continue?1 source
  5. 26 SeptHow much are your banks dependent on insurance commissions?1 source · Insurance commissions are a significant source of fee income for some Indian banks
All PSU banks stories →

Read the reports

3 reports · earliest 15:46
Business LineRupee declines to one-week low of 95.95 as oil rally fans global rate hike worries15:46MoneycontrolRupee declines to one-week low as oil rally fans global rate hike worries15:55Business StandardRupee declines to one-week low as oil rally fans global rate hike worries17:55