Rupee falls 8 paise to close at 94.20 against U.S. dollar

Mumbai The rupee depreciated 8 paise to close at 94.20 (provisional) against the U.S. dollar on Friday (November 13, 2026), pressured by a stronger greenback and weak domestic equities. Forex traders said the U.S. dollar has strengthened, driven by stronger-than-expected U.S.

inflation data, rising Treasury yields and hawkish remarks from U.S. Federal Reserve officials, reinforcing expectations of further monetary tightening. Rising U.S. yields and expectations of more Fed rate hikes could keep the rupee under pressure.

Moreover, a stronger dollar and more attractive U.S. assets might spark fresh capital outflows from emerging markets, they added. India's exports up 29.9% in October; trade deficit narrows to $20.09 billion India's exports up 29.9% in October; trade deficit narrows to $20.09 billion The country's exports — including merchandise and services — stood at $69.27 billion in the same month last year India's exports up 29.9% in October; trade deficit narrows to $20.09 billion storyline 1 At the interbank foreign exchange market, the rupee opened at 94.07 against the dollar.