TaxTMI 
TaxTMI 
Rupee rises 22 paise to close at 94.73 against US dollar
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....upee rises 22 paise to close at 94.73 against US dollar<BR>FEMA / RBI<BR>Dated:- 2-9-2026<BR>PTI<BR>Mumbai, Sep 2 (PTI) The rupee settled at 94.73 on Wednesday, recording a gain of 22 paise on the back of robust foreign capital inflows, notwithstanding weak domestic stock markets and higher crude oil prices. Forex traders said the RBI is keeping a tab on the rupee's fall as Brent crude prices ....
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....have risen to USD 95 per barrel and the dollar index is hovering around 99.80 on a bout of risk aversion on renewed US-Iran tensions. Investor sentiment also impacted after the 10-year US Treasury yields rose above 4.8 per cent - the highest since January 2025 - following softer-than-anticipated US economic data. At the interbank foreign exchange market, the rupee opened at 94.97 and touch....
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....ed an intraday high of 94.73 and a low of 94.99 during the session. At the end of Wednesday's trading session, the rupee was quoted at 94.73, higher by 22 paise from its previous close. The local unit gained 27 paise to settle at 94.95 against the US dollar on Tuesday, after rising 21 paise and 2 paise in the preceding two sessions on Monday and Friday, respectively. Jateen Trivedi, VP....
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.... Research Analyst - Commodity and Currency, LKP Securities, said the rupee traded stronger as RBI intervention appears to be supporting the currency along with modest FII buying. "The rupee remained resilient despite a stronger dollar and higher crude prices, after finding support around the 95.50 zone. Going ahead, key US economic data, particularly Non-Farm Payrolls and Unemployment figures,....
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.... will remain important for dollar and rupee direction. Rupee range can be seen between 94.70–95.20," Trivedi said. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 99.82, higher by 0.14 per cent. Brent crude, the global oil benchmark, was trading higher by 0.44 per cent at USD 95.07 per barrel in futures trade, amid con....
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....cerns over disruptions to crude supplies through the Strait of Hormuz. On the domestic equities market front, Sensex dropped 373.93 points to settle at 76,570.35, while the Nifty was down 141.35 points to 23,914.45. Foreign institutional investors purchased equities worth Rs 6,688.37 crore on a net basis on Wednesday, according to exchange data. PTI DRR HVA =============<BR> News - Pre....
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....ss release - PIB....