# Rupee closes 93.90 per US dollar, Asia top weekly gainer

> The rupee closed at 93.90 per dollar on Friday, making it Asia’s strongest-performing currency for the week. Foreign investment in Indian equities, falling oil prices and exporter hedging supported the move, while the RBI continued monitoring the currency.

- Date: 2026-11-06 · published 2026-11-07T15:10:37.922Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/86157-rupee-closes-93-90-per-us-dollar-asia-top-weekly-gainer
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A stronger rupee reduces the local cost of imported feed and energy, and falling oil can further ease input and transport costs. The direction is bearish for USDINR and crude benchmarks.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- USDINR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2020-02-28 | [Baht gains more ground, as US dollar weakens](https://feedsoft.ai/events/54839-baht-gains-more-ground-as-us-dollar-weakens.md) | -2.6% | -61.0% |
| WTI | 2019-01-29 | [How the rupee strengthened against the U.S. dollar - The Hindu](https://feedsoft.ai/events/61356-how-the-rupee-strengthened-against-the-u-s-dollar-the-hindu.md) | +5.2% | +6.8% |
| WTI | 2017-06-15 | [Oil and U.S. dollar conspire to push down loonie as this week's gains lose some loft - Financial Post](https://feedsoft.ai/events/70741-oil-and-u-s-dollar-conspire-to-push-down-loonie-as-this-week-s-gains-lose-some.md) | -5.1% | +2.9% |
| WTI | 2017-06-21 | [Colombia's peso slides against US dollar as global oil prices tumble \| The City Paper Bogotá](https://feedsoft.ai/events/70797-colombia-s-peso-slides-against-us-dollar-as-global-oil-prices-tumble-the-city.md) | +2.2% | +8.8% |
| WTI | 2022-11-30 | [Indian rupee notches first monthly gain this year, but lags Asian peers](https://feedsoft.ai/events/38956-indian-rupee-notches-first-monthly-gain-this-year-but-lags-asian-peers.md) | -4.9% | +1.1% |
| BRENT | 2018-11-29 | [Rupee closes at 69.85 a dollar after 3 months of weak run in the 70s \| News on Markets - Business Standard](https://feedsoft.ai/events/62319-rupee-closes-at-69-85-a-dollar-after-3-months-of-weak-run-in-the-70s-news-on.md) | +5.8% | -11.2% |
| BRENT | 2018-12-01 | [Rupee gains past 70 a dollar for first time in 3 months: 5 things to know](https://feedsoft.ai/events/62320-rupee-gains-past-70-a-dollar-for-first-time-in-3-months-5-things-to-know.md) | +6.0% | -10.4% |
| 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

- newsbytesapp.com: https://www.newsbytesapp.com/news/business/rupee-closes-9390-per-us-dollar-asia-top-weekly-gainer/tldr

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