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Indian rupee shows mild strength against US dollar on Thursday
Oct-29-2026

Indian rupee has shown mild strength against US dollar on Thursday. Rupee has opened on stronger note supported by capital inflows from foreign institutional investors (FIIs). FIIs were the net buyers on Wednesday’s session, buying securities worth Rs 871.83 crore. However, the domestic currency relinquished most of gains over the course of the session weighed by elevated global crude oil prices. The Brent crude oil prices continued to trade above $114 a barrel mark amid tensions in West Asia. On the global front, euro has weakened against the US dollar on Thursday ahead of European Central Bank’s policy announcement.

Finally, the rupee ended at 95.26 (Provisional), strengthened by 2 paise from its previous close of 95.28 on Wednesday. The currency touched a high and low of 95.38 and 95.17 respectively.

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