{
  "id": 17213352,
  "title": "Rupee rises 33 paise to close at 94.93 against US dollar",
  "url": "https://urgent.news/2026/10/30/rupee-rises-33-paise-to-close-at-94-93-against-us-dollar",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T10:36:04.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/forex/rupee-rises-33-paise-to-close-at-9493-against-us-dollar/article71644634.ece"
  },
  "original_language": "en",
  "account": "On Friday, the Indian rupee demonstrated a 33-paise increase, closing at 94.93 against the US dollar. This surge was driven by improved performance in domestic markets and the weakening US dollar. However, higher crude oil prices and a less robust broader market limited the extent of the gain. Forex traders noted that both the currency and bond markets benefited from lower crude oil prices and intervention by the central bank. At the interbank foreign exchange market, the rupee started at 95.21 and reached an intraday peak of 94.94 and a low of 95.28 against the US dollar, ultimately closing at 94.93, marking a 33-paise gain from the previous closing rate. The previous day, the rupee remained relatively stable within a narrow range, ending 2 paise higher at 95.26 against the US dollar. Meanwhile, the dollar index, which measures the greenback's strength against six other currencies, was trading at 101.66, down by 0.37 percent. Brent crude oil, the global benchmark price, experienced a 1.03 percent drop, reaching $114.13 per barrel in futures trade. On the domestic stock market, the Sensex rose by 308.49 points to close at 74,459.53, while the Nifty index gained 116.35 points to 23,053.10. Analyst Anuj Choudhary of Mirae Asset Sharekhan anticipated the rupee to exhibit a slight negative trend due to geopolitical tensions in the Middle East following US elections and a potential increase in crude oil prices. Nevertheless, he believed that positive domestic market conditions, a softer US dollar, and U.S. Treasury yields could bolster the rupee at lower levels. Any intervention by the Reserve Bank of India might also provide support to the rupee at reduced levels. The Foreign Institutional Investors (FIIs) offloaded equities valued at ₹943.60 crore on a net basis on Thursday. The International Monetary Fund (IMF) suggested that exchange rate flexibility should be the primary policy response to help India adjust to energy shocks. IMF Communications Director Julie Kozack emphasized that permitting the exchange rate to fluctuate in response to these shocks would be crucial for the Indian economy's adjustment.",
  "summary": "The rupee opened at 95.21, then gained ground and touched an intraday high of 94.94 and a low of 95.28 against USD and finally closed at 94.93 (provisional), registering a gain of 33 paise over its last close",
  "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."
}