Loading…
The Indian rupee rose 56 paise to close at 93.91 per dollar on Friday, its biggest one-day gain since October 12, and reached a six-month high during the session. Foreign portfolio inflows and lower crude prices supported the currency, while RBI dollar buying near 93.88 limited further gains.
A stronger rupee lowers the local-currency cost of imported feed and agricultural commodities priced in dollars. Continued foreign inflows or cheaper crude could support the rupee, while RBI intervention may limit further appreciation.
moneycontrol.comAnupreksha JainNov 6, 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.
