Rupee rises 10 paise to settle at 93.23 against U.S. dollar
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| Photo Credit: Reuters
The rupee strengthened by 10 paise to settle at 93.23 (provisional) against the U.S. dollar on Thursday (April 16, 2026), following a decline in global crude oil prices amid hopes of a truce in West Asia.
However, sustained outflow of foreign capital amid increased dollar demand from importers capped the gain in the local currency, forex traders said, adding that the domestic unit rose after crude oil prices hovered around $95-a-barrel.
Published – April 16, 2026 04:31 pm IST
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