Rupee settles on flat note, up 2 paise at 95.68 against U.S. dollar
The rupee ended slightly higher at 95.68 against the U.S. dollar, gaining 2 paise. Market sentiment remains cautious due to ongoing tensions between the U.S. and Iran, along with weak domestic markets. Investors are also focused on the upcoming Reserve Bank of India Monetary Policy Committee meeting.
- ▪The rupee settled at 95.68 against the U.S. dollar, up 2 paise.
- ▪Tensions between the U.S. and Iran are impacting investor sentiment.
- ▪The upcoming RBI Monetary Policy Committee meeting is a point of focus for traders.
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| Original publisher | The Hindu — Top |
| Canonical URL | https://www.thehindu.com/business/markets/rupee-settles-on-flat-note-up-2-paise-at-9568-against-us-dollar/article71029072.ece |
| Publication time | Wed, 27 May 2026 17:37:11 +0530 |
| Retrieval time | 2026-05-27T12:12:59.234Z |
| Last seen | 2026-05-27T12:12:59.234Z |
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Opening excerpt (first ~120 words) tap to expand
The rupee settled on a flat note, higher by 2 paise at 95.68 (provisional) against the U.S. dollar on Wednesday (May 27, 2026), as renewed tensions between the U.S. and Iran and delays in negotiations kept investors cautious.Forex traders said a strong American currency and weak domestic markets also pressured the rupee. Attention has shifted toward the upcoming Reserve Bank of India (RBI) Monetary Policy Committee meeting scheduled between June 3 and 5, they said.At the interbank foreign exchange market, the rupee opened at 95.60 against the U.S.
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