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Rupee falls 28 paise to close at 96.03 against US dollar

Mumbai, Sep 28 (PTI) The rupee depreciated 28 paise to close at 96.03 (provisional) against the US dollar on Monday, on risk-off sentiments in global markets after the US rejected a deal proposal by Iran, diminishing hopes of reopening of the Strait of Hormuz. Forex traders said global risk sentiments deteriorated as the stalemate between the US and Iran continued; falling risk assets and a surge in crude oil prices may continue to pressurise the rupee. At the interbank foreign exchange market, the rupee opened on a negative note at 95.89 against the American currency. During the day, the local

28 Sep 2026 4:06 pm