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The Indian rupee rose for a third straight session, settling at 94.75 per US dollar, after opening at 94.68. Foreign fund inflows into domestic equities supported the currency.
A rebound in Brent crude to about $106 after a sharp prior-day fall, tied to US strikes on Iran, limited the gains.
India imports about 90% of its crude, so a firmer rupee eases the import bill, while higher oil keeps pressure on the currency. For feed buyers, the effect on dollar-priced grain and meal costs is small and mainly runs through energy and freight.
business-standard.comAathira VarierNov 3, 2026Not 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.
