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Rupee shows mild strength against dollar on Tuesday
Jun-16-2026

Indian rupee showed mild strength against the U.S. dollar on Tuesday amid falling global crude oil prices. The Brent crude oil prices have fell more than 2% to trade near $81 a barrel. Further, fund inflows from foreign institutional investors (FIIs) in Indian markets supported the rupee. The FIIs were the net buyers of securities worth Rs 200.05 crore on Monday's session. Besides, investors were optimistic as commerce ministry in its latest data has showed that India’s merchandise exports rose by 18.01% to $45.20 billion in May 2026 as compared to $38.30 billion in May 2025, marking the highest export figure in six months. On the global front, the euro has strengthened against the U.S. dollar on Tuesday as investors shifted toward riskier assets following the US and Iran’s preliminary agreement to end their three-month conflict.

Finally, the rupee ended at 94.57 (Provisional), strengthened by 1 paise from its previous close of 94.58 on Monday. The currency touched a high and low of 94.71 and 93.56 respectively.

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