# Currency Check | Rupee opens marginally higher at 94.89/$; Asian currencies decline

> The Indian rupee opened 6 paise stronger at 94.89 per US dollar on November 2, while most Asian currencies traded lower, led by the South Korean won. Oil prices fell about $2 to $111.35 on progress in US-Iran talks, and the dollar index was flat at 101.88.

- Date: 2026-11-02 · published 2026-11-02T06:09:33.810Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/74936-currency-check-rupee-opens-marginally-higher-at-94-89-asian-currencies-decline
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A weaker rupee raises India's cost of imported vegetable oil and feed inputs, while lower crude reduces energy and freight costs. Both effects are small on the day's moves.

## Read by commodity

- WTI: bearish ▼
- USDINR: neutral

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/markets/currency-check-rupee-opens-marginally-higher-at-94-89-asian-currencies-decline-14065765.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.