The rupee pared initial gains and settled for the day 17 paise lower at 92.68 (provisional) against the U.S. dollar on Friday (April 10, 2026), weighed down by risks from rising global tensions, especially the U.S.-Iran conflict.

Forex traders said the rupee witnessed high volatility as the deadline for the RBI’s instructions to banks to curb their overnight positions to $100 million closes on Friday (April 10, 2026) amid heightened geopolitical uncertainty.

At the interbank foreign exchange market, the rupee opened at 92.58 against the U.S. dollar, then lost ground to touch an intra-day low of 92.76 against the greenback. It also hit the day’s high of 92.41 during the session.