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Rupee strengthens against dollar on Thursday
Jun-25-2026

Indian rupee strengthened against the U.S. dollar on Thursday as crude prices continued to fall to trade near pre-Iran war levels. The brent crude oil prices have fell below the $73 per barrel. Further, investors were optimistic after India and United States discussed pathways to conclude an interim agreement and reaffirmed their commitment to a deal that is “balanced and commercially meaningful”. Meanwhile, Reserve Bank of India (RBI) has revised the computation of capital charge for foreign exchange risk of banks in line with international standards. The RBI stated that banks will compute Net Open Position and maintain capital charge for foreign exchange risk at both the consolidated (group) level and the standalone (solo) level. On the global front, the Indonesian rupiah has strengthened against the U.S. dollar on Thursday as lower oil prices eased concerns over Indonesia's fiscal burden.

Finally, the rupee ended at 94.45 (Provisional), strengthened by 10 paise from its previous close of 94.55 on Wednesday. The currency touched a high and low of 94.56 and 94.13 respectively.


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