Monday, 28 September 2026Updated 15m ago
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Market move▼ Bearish for Indian equities

Rupee opens 7 paise weaker at 95.88 as oil prices climb

2 sources · first seen 09:15 28 Sept · updated 09:22 28 Sept

The brief

Written from 2 reports · check the source before you trade
  • The rupee weakened 7 paise to 95.88 against the US dollar
  • Stalled US-Iran talks pushed oil prices higher
  • A weaker rupee and higher oil prices pressure Indian oil marketers and import-heavy companies

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Rupee8 todayUS dollar12 todayCrude oil63 todayIran49 todayGlobal markets65 today

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42 stories this week
  1. 28 SeptIndia's forex reserves fall $14.89 billion to $766 billionData · 1 source · Forex reserves fell $14.89 billion to $766 billion in the week ended September 18
  2. 28 SeptRupee and government bonds face pressure as oil rises and Iran diplomacy hopes fadeMarket move · 3 sources · The rupee and government bonds are vulnerable as oil prices climb
  3. 26 SeptFII Flows To Stay Subdued: Bernstein sees flat to modest inflows; rupee and valuations weighBroker call · 1 source · Bernstein expects foreign institutional investor flows into Indian stocks to stay stable over the next year
  4. 25 SeptRBI says resilient domestic economy cushions India against rising global risksData · 4 sources · The RBI cited record forex reserves and a five-year high in net FDI
  5. 25 SeptForex reserves drop $14.9 billion to $766 billion, sharpest weekly fall since November 2024Data · 2 sources · Reserves fell $14.9 billion in the week ended September 18
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Read the reports

2 reports · earliest 09:15
MoneycontrolRupee opens 7 paise lower at 95.88 against the dollar as Brent climbs again09:15CNBC-TV18Rupee opens weaker at 95.88 against dollar: Why oil prices and US yields matter09:22