The Rupee extended gains on Tuesday after registering a surge as the market opened on Monday. For the third day straight the Rupee to close 5 paise higher at 94.53 (provisional) against the US dollar.
At the interbank foreign exchange, the rupee opened at 94.69 against the US dollar and traded in the range of 94.48-94.71. Eventually, it settled at 94.53 (provisional), up 5 paise from its previous close. In the past three trading sessions, the USD/INR pair has gained 132 paise against the US dollar.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 99.61, lower by 0.01 per cent.
Brent crude, the global oil benchmark that determines the oil market was trading down 1.68 per cent at USD 81.77 per barrel in futures trade.
The gold prices fell marginally, following the announcement. In Delhi, prices of 24K stood at Rs 1,51,520 per 10 grams, while that of 22K at Rs 1,38̮,900.
MCX gold futures for August 2026 delivery traded at Rs 1,52,789 per 10 grams, dropping 0.08 per cent, at around 10:30 am. Silver prices also edged higher, with MCX silver futures for July 2026 delivery trading at Rs 2,49,623 per kg, down 0.73 per cent.