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Currency Buzz: INR tanks to three-week low
22-Apr-2026 16:25
The Indian rupee slipped further today, adding to recent decline amid weak local equities. INR fell by 32 paise to 93.76 per US dollar as the Reserve Bank of India eased its strict regulation of the currency market, imposed earlier in the month. INR opened at Rs 93.69 per dollar and dropped to a low of 93.78 so far during the day, its lowest level in around 3-weeks. Elevated oil prices, muted cues from equities and uncertainty surrounding West Asia crisis continue to pressurize the local unit.

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