# Currency Check | Rupee opens stronger at 94.66 against the US dollar; Asian currencies trade mixed

> The Indian rupee opened 24 paise stronger at 94.66 per US dollar on November 3, after Brent crude fell to about $105 per barrel. Asian currencies traded mixed, with the Philippine peso gaining most and the Taiwan dollar falling most.

- Date: 2026-11-03 · published 2026-11-03T06:09:14.017Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/77084-currency-check-rupee-opens-stronger-at-94-66-against-the-us-dollar-asian
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower crude prices ease India's import bill, supporting the rupee, while exporters and RBI/SBI oil-related dollar buying limit gains. For feed buyers, a firmer rupee slightly lowers the local cost of imported feed ingredients and soymeal.

## Read by commodity

- BRENT: bearish ▼
- USDINR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-09-18 | [Ringgit opens higher against US dollar as oil prices ease \| The Star](https://feedsoft.ai/events/17729-ringgit-opens-higher-against-us-dollar-as-oil-prices-ease-the-star.md) | -0.3% | +5.0% |
| BRENT | 2020-02-27 | [Rupee strengthens against USD amid easing crude oil prices](https://feedsoft.ai/events/54861-rupee-strengthens-against-usd-amid-easing-crude-oil-prices.md) | -5.0% | -51.1% |
| BRENT | 2020-03-22 | [Ringgit opens lower against US dollar in early session \| Malaysiakini](https://feedsoft.ai/events/54380-ringgit-opens-lower-against-us-dollar-in-early-session-malaysiakini.md) | -10.0% | -19.8% |
| BRENT | 2026-05-29 | [Ringgit opens higher against US$ in improved sentiment \| The Star](https://feedsoft.ai/events/19534-ringgit-opens-higher-against-us-in-improved-sentiment-the-star.md) | +4.9% | -15.5% |
| BRENT | 2022-11-29 | [Ringgit retreats to open lower against US dollar \| Malay Mail](https://feedsoft.ai/events/38931-ringgit-retreats-to-open-lower-against-us-dollar-malay-mail.md) | -0.4% | +0.0% |

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/currency/currency-check-rupee-opens-stronger-at-94-66-against-the-us-dollar-asian-currencies-trade-mixed-14066851.html
- tradingview.com: https://www.tradingview.com/news/moneycontrol:d0fe2072e094b:0-currency-check-rupee-opens-stronger-at-94-66-against-the-us-dollar-asian-currencies-trade-mixed/

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