Loading…
The Indian rupee depreciated 21 paise to 94.97 per dollar in early trade on November 2, pressured by broad dollar strength. Easing oil prices and renewed foreign institutional buying in Indian equities limited the decline, with the Sensex up about 1.3%.
Foreign equity inflows and softer oil support the rupee, which helps contain the cost of dollar-denominated feed imports. The currency's direction will depend on oil and portfolio flows.
capitalmarket.comNov 2, 2026Not enough comparable past events yet for a historical read.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% 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.
