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Wednesday, October 21, 2026Updated 19:26 UTC

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Rupee rises 46 paise to 94.45 on India-US trade deal hopes; oil prices cap gains

Source: Economic Times · Oct 21, 2026 12:37 UTC

Aerial view of refinery storage tanks near Houston on the Gulf coast — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The rupee gained 46 paise to 94.45 against the dollar on optimism over a potential India-US trade deal and RBI measures. However, elevated crude prices, foreign outflows and global financial pressures continue to threaten the currency's recovery.

Read the full story at Economic Times

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