The Indian rupee strengthened on June 14, 2026, rising 14 paise to close at 95.27 against the U.S. dollar as international crude prices eased on diplomatic developments involving the United States and Iran.
Importers scaled back hedge demand while exporters converted receivables at improved levels, according to interbank dealers.
The move offered partial relief after weeks of pressure tied to energy import bills and foreign selling in equities.
Economists cautioned that sustained rupee stability requires durable cooling in global oil benchmarks, not single-session diplomacy headlines alone.
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Sources:
https://www.thehindu.com/business/markets/fpi-exodus-continues-62800-crore-pulled-out-from-equities-in-first-fortnight-of-june/article71100454.ece