Loading…
The rupee opened 24 paise stronger at 94.66 per dollar on November 3 as Brent fell about 7.6% to $104.77 the previous session on Iran-Qatar diplomacy. Brent later recovered slightly to around $105 after reports of a US strike on Iran's Qeshm Island.
Crude prices are the main swing factor for the rupee through India's import bill and capital flows. The partial rebound in oil shows that supply risks remain and could limit further currency gains.
moneycontrol.comAnupreksha JainNov 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
