The Indian Rupee fell by 20 paise against the as Dollar closing at 95.38 as the market opened flat on day 1 of the week.
At the interbank foreign exchange market, the rupee opened at 95.25 against the American currency and traded in a range of 95.22-95.48 during the session. The rupee finally closed at 95.38 (provisional), down 20 paise from its previous close.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 101.12, up 0.26 per cent.
Brent crude, the global oil benchmark, was trading lower by 0.76 per cent at USD 71.57 per barrel in futures trade.
According to analysts, state run banks were spotted offering dollar intermittently sinalling RBIs intention to avoid a sharp slide in the domestic unit.
Elsewhere, Gold and silver prices opened lower on the MCX on Monday, snapping a four-session winning streak. In the domestic market, MCX silver futures for September 2026 delivery were down Rs 1,150 (0.5%) to Rs 2,37,264 per kg. Gold futures for August 2026 delivery fell by Rs 243 to Rs 1,47,135 per 10 grams. In the previous session, the two ended flat.
In the international market, spot gold was little changed at $4,175.02 per ounce after gaining more than 2% last week and snapping a four-week losing streak. U.S. gold futures for August delivery rose 1.5% to $4,186.80 per ounce. Spot silver extended its rally for a fifth straight session, edging up 0.1% to $62.4773 per ounce after earlier touching its highest level since June 23.