BusinessPhoto: Hindu BusinessRupee Falls 12 Paise to 94.50 Against US Dollar in Early Trade
On October 22, 2026, the Indian rupee depreciated by 12 paise to 94.50 against the US dollar in early trade. The decline was driven by weak domestic equity markets and rising crude oil prices. Despite this, the fall was limited due to a softer US dollar and lower US Treasury yields. The rupee had previously surged 53 paise to 94.38 on October 21.
Hindu Business··Mumbai



