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The rupee settled flat at a provisional 94.46 per dollar, as support from lower crude prices was offset by a firm greenback in overseas markets. It opened at 94.36 and hit an intraday low of 94.57 before recovering some losses.
The rupee had recovered sharply in previous sessions, and the RBI has kept the repo rate at 5.50% with reserves of about $720 billion.
Currency moves that track crude prices change India's cost of importing oil and other dollar-priced goods, including feed ingredients. A flat session after a sharp rally suggests the rupee's near-term direction depends on oil and dollar trends.
thehindu.comPTINov 5, 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.
