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The rupee held above its record low of 88.80 on October 31 after state-run banks sold dollars, closing slightly lower at 88.7650 and flat for the month. Equities were set to end October up over 4.5%, and traders expect the RBI to keep limiting volatility.
Central bank dollar sales limit rupee weakness, but the bias toward depreciation without a US-India trade deal keeps Indian import costs elevated.
brecorder.comReutersOct 31, 2025After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
