The rupee gained 20 paise to 94.79 against the U.S. dollar in early trade on Friday (October 16, 2026), helped by a softer dollar, the RBI's structural forex interventions and lower U.S. Treasury yields. Elevated crude oil prices and a decline in equity markets limited the gains. The rupee had closed at 94.99 on Thursday (October 15) after rising 18 paise. The dollar index fell 0.54% to 102, while Brent crude dipped 0.54% to $105.35 per barrel. The Sensex fell 113 points to 74,187 and the Nifty slipped 27.20 points to 22,967.15, while FIIs net sold equities worth ₹5,285.37 crore on Thursday.
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- Rupee rises 20 paise to 94 . 79 against US dollar in early trade
The rupee rose 20 paise to 94.79 against the US dollar in early trade on Friday, supported by a weaker dollar, the RBI's structural forex interventions and lower US Treasury yields. Elevated crude oil prices and a decline in equities, however, limited the gains. The rupee had closed at 94.99 on Thursday after gaining 18 paise. The dollar index fell 0.54% to 102, and Brent crude dropped 0.54% to USD 105.35 per barrel. Domestically, the Sensex fell 113 points to 74,187 and the Nifty dipped 27.20 points to 22,967.15, while FIIs net sold equities worth Rs 5,285.37 crore on Thursday.
- Rupee rises 20 paise to 94 . 79 against US dollar in early trade
The rupee gained 20 paise to 94.79 against the US dollar in early trade on Friday, helped by a softer greenback, lower US Treasury yields and the RBI's structural forex interventions. Elevated crude prices and falling equities limited the gains. The rupee had closed at 94.99 on Thursday after rising 18 paise. The dollar index fell 0.54% to 102, while Brent crude dropped 0.54% to $105.35 per barrel. The Sensex lost 113 points to 74,187 and the Nifty slipped 27.20 points to 22,967.15, while FIIs sold net equities worth ₹5,285.37 crore on Thursday.
- Rupee rises 20 paise to 94 . 79 against US dollar in early trade
- Rupee gains 20 paise against US dollar as RBI support kicks in , greenback weakens
The rupee opened Friday 20 paise higher at 94.79 per US dollar, extending Thursday's 18-paise gain, as the dollar weakened and the Reserve Bank of India's structural forex interventions provided support. Gains were limited by elevated crude prices, with Brent trading at $105.35 a barrel, and a negative start on Dalal Street, though the Sensex later turned positive and gained 400 points. The dollar index fell 0.54% to 102 and US Treasury yields eased. Foreign institutional investors were net sellers of domestic equities worth Rs 5,285.37 crore on Thursday.
- Ringgit expected to trade in tight range against US dollar next week
The ringgit is expected to trade in a tight range of RM4.07 to RM4.09 next week with an upward bias, after Malaysia’s advance estimate showed third-quarter 2026 GDP growth of 5.3%, higher than expected, according to Bank Muamalat Malaysia chief economist Dr Mohd Afzanizam Abdul Rashid. The Department of Statistics Malaysia said all sectors except mining and quarrying supported growth, bringing growth for the first nine months of 2026 to 5.5%. Services remained the main driver at 5.4%, down from 5.9% in the second quarter. On a Friday-to-Friday basis, the ringgit rose against the US dollar to 4.0795/0835 from 4.0830/0875, but weakened against the euro, Japanese yen and British pound, while gaining against the Singapore dollar and Indonesian rupiah. The economist said full-year growth could come in above the current projection of 4.8 to 5.3%.
- Rupee rises 1 . 9 % in a week , closes below 95 per dollar
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