macro

Rupee Slips to 95.68 as US-Canada Delay Tariffs

Published August 19, 20263 min read
Line chart of Indian rupees per US dollar over the last 90 days

The Indian rupee slid to a fresh low of 95.68 per dollar on Tuesday as Brent crude's climb past 91 dollars a barrel forced oil importers to bid up dollar demand, even as a separate US-Canada trade dispute stepped back from the brink hours before a tariff deadline. Two threads, one day: a currency under mounting pressure from energy costs, and a discrete trade risk that got deferred rather than resolved.

\n Related Reading Fed Holds as Sticky Core Inflation Meets Hormuz Oil Shock Chariot Resources Surges 39% on China Lithium Term Sheet Home Depot Q2 FY2026: $4.92 Adjusted EPS Tops $4.73 Consensus as Revenue Clears $47.9 Billion \n Key Takeaways The rupee weakened 7 paise to 95.68/USD on August…

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Rupee Drops to 95.68 as US-Canada Delay Tariffs | MarketIntelLabs