business / news / / Free Press Journal
The rupee depreciated 49 paise to 93.32 against the US dollar in early trade on Monday.
The rupee fell 49 paise to 93.32 against the US dollar due to higher crude prices.
KEY POINTS
- The US announced a blockade of Iranian ports, raising Brent crude prices by 7.28% to $102.13.
- Ships between non-Iranian ports can still transit the Strait of Hormuz despite the blockade.
- India's forex reserves rose by $9.063 billion to $697.121 billion in the week ended April 3, 2026.
- ADB projects India's GDP growth at 6.9% this year and 7.3% next year despite regional risks.
COMPANIES
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