Indian rupee extends slide to fourth session as arbi flows and Asian currency weakness persist

Selling pressure on the rupee continues as arbitrage-related outflows and broader regional headwinds keep the currency near multi-week lows against the dollar.

By Handelsavisen Newsroom · Automated 2026-07-03 01:40 UTC · 1 min read

The Indian rupee fell for a fourth consecutive trading session against the US dollar on Thursday, extending a period of sustained selling pressure.

Market participants cited persistent outflows linked to arbitrage trades as a primary driver of the decline, alongside broader weakness across Asian currencies.

6% over the period. The move reflects a reversal of earlier stability, as the rupee lost roughly 18 paise, or 0.

The currency has been under consistent strain, with the rupee closing at 95.2475 per dollar in recent sessions, marking its lowest level in nearly three weeks.

This represents a cumulative weakening of approximately 0.6% over the period.

The move reflects a reversal of earlier stability, as the rupee lost roughly 18 paise, or 0.2%, over the preceding week before accelerating lower.

Headwinds for the rupee are compounded by regional dynamics, as Asian currencies collectively face pressure from a mix of geopolitical uncertainties and shifting capital flows.