BusinessPhoto: Hindu BusinessRupee rises 9 paise to 94.80 against US dollar in early trade
The Indian rupee gained 9 paise to 94.80 against the US dollar in early trade on October 19, 2026, marking its sharpest rally in seven months. This rise is supported by the Reserve Bank of India's structural forex interventions. However, the surge in Brent crude oil prices to $110 per barrel threatens this recovery amid high crude prices, rising US Treasury yields, and foreign capital outflows.
Hindu Business··Mumbai


