# Rupee Gains 17 Paise to 94.58 vs US Dollar on Favorable Factors

> The rupee settled 17 paise higher at 94.58 per dollar on Wednesday, its second straight session of gains. Support came from lower crude prices, a weaker dollar and foreign institutional inflows, with FIIs net buyers for a third day.

- Date: 2026-11-04 · published 2026-11-05T00:10:34.174Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/80707-rupee-gains-17-paise-to-94-58-vs-us-dollar-on-favorable-factors
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Lower crude and capital inflows strengthening the rupee reduce the rupee cost of imported feed, though the move is small and routine in nature.

## Read by commodity

- USDINR: bearish ▼

## Sources

- money.rediff.com: https://money.rediff.com/news/market/rupee-gains-17-paise-to-94-58-vs-us-dollar-on-favorable-factors/57500120261104

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