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Indian rupee strengthens against US dollar on Thursday
Oct-15-2026

Indian rupee has strengthened against US dollar on Thursday supported easing US bond yields and declining global crude oil prices. The brent crude oil prices have declined to trade below $105 a barrel after reports indicated that Trump administration is planning easing sanctions on so-called shadow fleet vessels in order to reduce record-high global freight rates. Further, investors remained optimistic about India-US trade deal after External Affairs Minister S Jaishankar has said that negotiations on the India-US trade deal were heading towards a ‘landing point’, with officials from both countries working to iron out outstanding issues. He noted that the core fundamentals of the bilateral strategic partnership remain unchanged. On the global front, British pound has strengthened against the US dollar on Thursday after data showed the UK economy grew more than expected in August. 

Finally, the rupee ended at 94.99 (Provisional), strengthened by 17 paise from its previous close of 95.17 on Wednesday. The currency touched a high and low of 95.11 and 94.86 respectively.

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