At the interbank foreign exchange market, the rupee opened at 93.29 and gained further, trading at 93.27 against the greenback in early deals, up 6 paise from its previous closing level. | Photo Credit: Reuters The rupee appreciated by 6 paise to 93.27 against the U.S. dollar in early trade on Thursday (April 16, 2026), driven by retreating crude oil prices and a weakening American currency, amid hopes of a truce in West Asia. According to forex analysts, crude oil prices hovering below the $95-a-barrel level sent positive cues to investors in domestic equities, even though the outflow of foreign capital and demands for dollars from importers resisted a sharp recovery in the rupee. Published – April 16, 2026 10:50 am IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation Explosions, fire at crucial Australian refinery sparks fuel supply fears Hyderabad theatre: The play ‘If Lanterns Could Talk!’ explores caste, love and silence