Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was higher by 0.38% at 98.81.
| Photo Credit: Reuters
The rupee depreciated 49 paise to 93.32 against the U.S. dollar in early trade on Monday (April 13, 2026), weighed down by higher crude oil prices and a firm American currency amid a volatile geopolitical situation.
Renewed tension in West Asia and uncertainties on the opening of the Strait of Hormuz following inconclusive Iran-U.S. peace talks triggered a surge in crude oil prices, while investors rushed to withdraw funds from domestic equities, putting further pressure on the Indian currency, forex traders said.
Published – April 13, 2026 10:28 am IST
