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The rupee depreciated by 50 paise to settle at 95.75 (preliminary) towards the US greenback on Thursday (June 11, 2026) amid rising tensions in West Asia and a stronger greenback.
International alternate merchants say excessive FII outflows and weak home inventory market sentiment are placing additional strain on the native sector.
Within the interbank international alternate market, the rupee opened at $95.55 towards the greenback and traded within the vary of $95.55-95.76 earlier than settling at $95.75 (provisional), down 50 paise from the earlier shut.
On Wednesday (June 10, 2026), the native sector gained 16 paise to shut at 95.25 towards the US greenback, with the Reserve Financial institution of India (RBI) more likely to intervene to curb extreme volatility and stop additional decline within the home sector.
In the meantime, america and Iran continued their assaults for the second day on Thursday (June 11, 2026), shifting West Asia nearer to a resumption of all-out conflict.
The US assault on Iran continued into Thursday morning (June 11, 2026) and appeared extra intense and widespread than the day past, however the Iranian authorities launched little details about the extent of the injury.
Indian officers mentioned three Indian sailors had been killed in an assault on an oil tanker believed to be an try to interrupt the US blockade of an Iranian port, underscoring the hazard to seafarers.
The greenback index, which measures the greenback’s power towards a basket of six currencies, rose 0.13% to commerce at 100.07.
Brent crude, the worldwide oil benchmark, was buying and selling 0.67% decrease at $92.48 per barrel in futures buying and selling.
Within the home inventory market, the Sensex fell 150.63 factors to settle at 73,832.55 and the Nifty fell 53.35 factors to 23,161.60.
International institutional traders offered shares price Rs 2,124.98 crore on a internet foundation on Wednesday, in response to alternate knowledge.
