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MARKETS 1h ago

Rupee weakens on dollar demand, elevated crude oil prices

Economic Times Markets
Published 29 Oct 2026, 12:33 am IST

Listen to this article in summarized format

Rupee closes weaker at 95.22 as traders await US Fed decision, oil prices rise <br>Reuters

The Indian rupee closed slightly weaker at 95.22 on Wednesday.

The rupee had previously closed at 95.11. It traded between 95.25 and 95.00, with the RBI likely capping depreciation past the 95.25 levels. The RBI was also present in the non deliverable forwards market before the domestic marks opened.

Originally reported by Economic Times Markets.Source: economictimes.indiatimes.com