FX
Confidence 0.78
Rupee depreciates against US dollar
What happened
The Indian rupee opened at 95.95 against the US dollar, depreciating by 33 paise amid rising oil prices and geopolitical tensions.
Causal chain
India impact
Negative
- − Rupee depreciation impacts Nifty FMCG negatively due to higher import costs.
Sector impacts
Nifty FMCG −
Rupee depreciation increases import costs for FMCG companies.
Nifty 50 −
Broad market sell-off due to rupee depreciation.
Short term (1–4 weeks)
Negative sentiment expected due to currency depreciation.
Long term (3–6 months)
Potential for recovery if currency stabilizes.
Sources
- · Rupee depreciates 33 paise to open at 95.95 against US dollar (Tue, 14 Jul 2026)