BusinessPhoto: Hindu BusinessRupee Falls 21 Paise to 94.97 Against US Dollar in Early Trade
On November 2, 2026, the Indian rupee depreciated by 21 paise to 94.97 against the US dollar in early trade, pressured by the strength of the American currency globally. The rupee opened at 94.90 and fell from its previous close of 94.76 on October 30. Softer crude oil prices and a positive domestic market helped cushion the fall. Experts expect USDINR to trade between 94.40 and 95.60, supported by RBI measures and reserves of around USD 720 billion.
Hindu Business··Mumbai




