Rupee rises to 95.82 per dollar as oil eases, but gains capped by demand and tensions

The Indian rupee strengthened for a third consecutive session, hitting 95.8150 against the U.S. dollar. The rise came as Brent crude slipped to $101.5 a barrel, lowering import costs. Dollar outflows provided some support, yet strong demand for foreign currency from importers limited the currency’s advance. Ongoing geopolitical tensions in the Middle East added a risk premium, and worries over tariff measures kept traders cautious. Analysts said the rupee may face continued volatility while the conflict and tariff risks persist. They expect the currency’s path to remain uneven as external factors swing between easing oil prices and persistent global uncertainties.