# The rupee strengthens 29 paise to 94.46 per dollar

> The rupee rose for a second straight session, gaining 29 paise to close at 94.46 per dollar on Wednesday. Lower crude prices, a weaker US dollar and foreign capital inflows supported the currency, and the dollar index fell 0.53% to 101.18 after the US midterm results.

- Date: 2026-11-04 · published 2026-11-04T18:10:15.031Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/80107-the-rupee-strengthens-29-paise-to-94-46-per-dollar
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A stronger rupee and lower crude lower India's cost of imported inputs, which can ease pressure on domestic feed ingredient prices. The move is modest and driven mainly by currency and energy markets rather than agricultural supply.

## Read by commodity

- DXY: bearish ▼
- BRENT: bearish ▼
- USDINR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-12-22 | [Peso strengthens to best rate against the US dollar since August](https://feedsoft.ai/events/32933-peso-strengthens-to-best-rate-against-the-us-dollar-since-august.md) | -0.8% | +1.5% |
| DXY | 2025-07-05 | [Colombian Peso Strengthens as US Dollar Continues to Decline](https://feedsoft.ai/events/24064-colombian-peso-strengthens-as-us-dollar-continues-to-decline.md) | +0.6% | +1.7% |
| DXY | 2023-04-14 | [Ringgit continues to strengthen vs US dollar](https://feedsoft.ai/events/36680-ringgit-continues-to-strengthen-vs-us-dollar.md) | +0.6% | +0.5% |
| DXY | 2024-03-20 | [Dollar weakens after Fed meeting, yen strengthens](https://feedsoft.ai/events/31389-dollar-weakens-after-fed-meeting-yen-strengthens.md) | +0.1% | +1.8% |
| DXY | 2020-06-11 | [Baht strengthens as dollar falls after Fed meeting](https://feedsoft.ai/events/52893-baht-strengthens-as-dollar-falls-after-fed-meeting.md) | +1.2% | +0.8% |
| BRENT | 2018-12-01 | [Indian rupee soars 77 paise, under 70 per dollar mark after 3 months](https://feedsoft.ai/events/62324-indian-rupee-soars-77-paise-under-70-per-dollar-mark-after-3-months.md) | +6.0% | -10.4% |
| BRENT | 2020-01-24 | [Rupee down 7 paise to end at 71.33  - The HinduBusinessLine](https://feedsoft.ai/events/55367-rupee-down-7-paise-to-end-at-71-33-the-hindubusinessline.md) | -5.9% | -3.6% |
| BRENT | 2018-11-29 | [Rupee Strengthens: Rupee Closes Above 70/$ As Global Winds Turn](https://feedsoft.ai/events/62321-rupee-strengthens-rupee-closes-above-70-as-global-winds-turn.md) | +5.8% | -11.2% |

## Sources

- hindi.theprint.in: https://hindi.theprint.in/india/economy/rupee-strengthens-by-29-paise-to-94-46-per-dollar/1054517/

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