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Rupee strengthens against US dollar in early trade on Thursday
Oct-15-2026
The Indian rupee strengthened against the US dollar in early trade on Thursday, supported by the ongoing impact of the RBI’s aggressive interventions and recent liquidity-tightening measures. Moreover, a massive pullback in US Treasury yields, a softening American currency, and cooling crude oil prices also helped rupee to trade stronger against dollar. However, foreign fund outflows, along with concerns over hotter-than-expected US inflation and the possibility of another Federal Reserve rate hike, limited further gains for the domestic unit. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,857.44 crore on a net basis on Wednesday, exchange data showed.

The partially convertible currency is currently trading at 95.09, stronger by 8 paise from its previous close of 95.17 on Wednesday. The currency touched a high and low of 95.09 and 94.86 respectively.

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