📰 ET Markets 🔴 BEARISH 🕒 27 Oct 2026, 06:04 AM IST

Rupee slips below to 95.18 against dollar on elevated oil prices

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Core Development: Rupee slips below to 95.18 against dollar on elevated oil prices

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Market & Financial Impact: On Monday, the Indian rupee dropped to 95.18 against the dollar amid rising oil prices. Importer demand for dollars continued, despite increased hedging costs observed in the market. The Reserve Bank of India has implemented measures to stabilize the rupee but is less active in intervention. Without foreign inflows, the rupee faces challenges as oil prices remain elevated. Expected trading for the rupee is between 95 and 95.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

The rupee closed at 95.18, versus its previous close of 94.94.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Rupee slips below to 95.18 against dollar on elevated oil prices

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