# Rupee extends gains for third day, settles at 94.75 against the dollar

> 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.

- Date: 2026-11-03 · published 2026-11-04T00:14:07.114Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/78623-rupee-extends-gains-for-third-day-settles-at-94-75-against-the-dollar
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

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.

## Read by commodity

- USDINR: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/markets/news/rupee-extends-gains-for-third-day-settles-at-94-75-against-the-dollar-126110301693_1.html

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