Indian Rupee Weakens as USD/INR Climbs to ₹95.60
At the end of the previous week, on September 4, the dollar was around ₹94.49–94.50.
Weekly Comparison
Today – September 11
1 USD = ₹95.60
Last Week – September 4
1 USD ≈ ₹94.50
Change:
Dollar increased by approximately ₹1.10, or around 1.2%, against the rupee.
What Does This Mean?
Since it now takes more rupees to buy $1, the Indian rupee has weakened by roughly 1.2% over the week.
The rupee's weekly decline has been linked to higher crude oil prices and rising global bond yields. Reuters reported that the rupee fell 1.1% during the week, marking its sharpest weekly decline in four months.
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