# Rupee extends gains for fourth day, closes at 95.64

> The rupee closed at 95.64 against the dollar on Wednesday, slightly stronger than the previous close of 95.75. It traded between 94.49 and 94.87 in a choppy session after the US midterm elections. This was the fourth straight day of gains for the currency.

- Date: 2026-11-05 · published 2026-11-05T03:10:53.379Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/81044-rupee-extends-gains-for-fourth-day-closes-at-95-64
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A firmer rupee lowers the local-currency cost of India's oil and edible oil imports, which eases pressure on feed and food input prices. The gain follows a sharp fall in crude oil on hopes that the midterm result will ease the Iran conflict.

## Read by commodity

- USDINR: bearish ▼

## Sources

- economictimes.indiatimes.com: https://economictimes.indiatimes.com/markets/forex/rupee-extends-gains-for-fourth-day-closes-at-95-64/articleshow/135555454.cms

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