FX & Currency #rupee#currency
Rupee Tumbles 21 Paise to 94.66 Against US Dollar on Fed Hawkish Stance
The Indian rupee depreciated 21 paise to open at 94.66 against the US dollar on Thursday, following the Federal Reserve's hawkish policy stance which strengthened the greenback. The dollar index climbed to a four-month high of 100.23, while domestic equity markets also opened lower. Positive developments include a US-Iran MOU and progress on India-US trade talks.
Jun 18, 2026 1 source