Rupee trades near 96 mark against US dollar in early trade

The Indian rupee hovered around the 96 per dollar mark on Monday, pressured by elevated crude oil prices and persistent foreign capital outflows.

At the interbank foreign exchange market, the rupee opened at 96.20 and dropped to 96.26 against the dollar.

India's foreign exchange reserves declined by $18.343 billion to $747.557 billion during the week ending September 25, 2026.