{
  "id": 17014645,
  "title": "Rupee rises 11 paise to 95.17 against US dollar in early trade",
  "url": "https://urgent.news/2026/10/29/rupee-rises-11-paise-to-95-17-against-us-dollar-in-early-trade",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T04:46:20.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/forex/rupee-rises-11-paise-to-9517-against-us-dollar-in-early-trade/article71639015.ece"
  },
  "original_language": "en",
  "account": "The Indian rupee rose 11 paise to 95.17 against the US dollar in early trade on Thursday, reflecting a slight softening of the American currency following the Federal Reserve's decision to keep interest rates steady. At the interbank foreign exchange market, the rupee opened at 95.20 and climbed to 95.17, marking an 11 paise increase over its previous close. The rupee closed at 95.28 against the US dollar on Wednesday. Traders noted that high oil prices and robust US yields continue to pose challenges for the domestic currency, while strong foreign exchange reserves, improving portfolio flows, and the RBI's active presence in the market offer support. Anindya Banerjee, Head of Commodity and Currency Research at Kotak NEO, expects a gradual upward trend in USDINR within a defined range rather than a disorderly move. The Fed's decision to hold rates has heightened market sensitivity to upcoming data, with stronger inflation potentially supporting expectations of a December rate hike, while softer numbers could benefit bullion and emerging-market currencies. Meanwhile, the dollar index, which measures the greenback's strength against a basket of currencies, traded at 102.15, down 0.04 percent. Brent crude, the global oil benchmark, fell 1.03 percent to $114.13 per barrel in futures trade. On the domestic stock market, the Sensex gained 163.03 points to 73,409.06, and the Nifty added 40.40 points to 22,739.25. On Wednesday, foreign institutional investors (FIIs) purchased equities worth ₹871.83 crore on a net basis.",
  "summary": "The rupee opened at 95.20 and rose to 95.17 per dollar, up 11 paise from yesterday",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}