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Rupee strengthens against US dollar on Monday
Nov-09-2026

Indian rupee has strengthened against US dollar on Monday as foreign institutional investors (FIIs) continued to pour capital into Indian markets. FII were the net buyers in Friday’s session, buying securities worth Rs 13,749.82 crore. Further, decline in crude oil prices supported the domestic currency. The Brent crude oil price has fallen to trade near $95 a barrel mark after US President indicated that renewed U.S. attacks on Iran are ‘highly unlikely’ as long as ongoing negotiations make progress toward an agreement on Iran's nuclear program and the reopening of the Strait of Hormuz. On the global front, euro has strengthened against the US dollar on Monday amid ease in crude oil prices.

Finally, the rupee ended at 93.85 (Provisional), strengthened by 13 paise from its previous close of 93.98 on Friday. The currency touched a high and low of 94.11 and 93.69 respectively.

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