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Wednesday, 6 May 2026
Mukhyamantri
Business

Rupee slips to 94.47 per dollar with oil-sensitive Asia FX, state-run banks' dollar sales cushion

The Indian rupee weakened against the dollar on Tuesday, falling to 94.47 as rising oil prices and stalled energy flows through the Strait of Hormuz due to the U.S.-Iran conflict weighed on sentiment. Traders anticipate continued pressure on the rupee until e…

By Reuters· The Times of India· 8 days ago· 2 min read
Rupee slips to 94.47 per dollar with oil-sensitive Asia FX, state-run banks' dollar sales cushion