FX & Currency #rupee#us dollar
Rupee Rebounds 31 Paise to 94.29 as Easing Oil, Dollar Index Boost Sentiment
The Indian rupee strengthened 31 paise to 94.29 against the US dollar on Wednesday, driven by softer crude oil prices and a weaker dollar index. The currency has recovered 130 paise over the past three sessions as the US-Iran framework agreement buoyed sentiment. Forex traders caution that the recovery, while real, is not yet firmly grounded ahead of the Geneva signing on June 19.
Jun 17, 2026 1 source