Rupee weakens for fourth straight session against US dollar

The Indian rupee extended its decline for the fourth consecutive session, ending 8 paise lower at ₹90.28 against the US dollar. Currency markets reflected ongoing external pressure from foreign portfolio outflows and a stronger dollar. Traders also cited heightened risk aversion amid global macro developments, while domestic economic data releases continued to shape near term exchange rate dynamics.

Global oil prices pulled back after news of the United States capturing Venezuelan leader Nicolás Maduro, easing concerns over supply disruptions. Brent and WTI crude futures declined as market participants reassessed geopolitical risk premia. The reduction in headline risk helped crude benchmarks surrender recent gains, with traders focusing on demand trends and broader macroeconomic indicators for further direction.