The rupee depreciated 9 paise to close at 92.63 (provisional) against the U.S. dollar on Thursday (April 9, 2026), as the situation in West Asia remains fragile, keeping investors wary of the opening of the Strait of Hormuz.

Forex traders said geopolitical uncertainty was still high amid Iran’s threat to step out of the talks if Israel kept bombing Lebanon, and markets are in a wait-and-watch mode rather than strong directional positioning.