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Indian rupee strengthens to 94.5 per dollar as crude falls below $100, reaching two-week high

Nov 5, 2026 04:48 (3h ago)

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Indian rupee strengthened to around 94.5 per dollar, reaching a two-week high.
Brent crude fell below $100, easing pressure on India’s import bill and external balance.
Reserve Bank measures contained spot-dollar demand while outflows and global tightening weighed on the currency.