BusinessRupee Trades Narrowly Near 96 Against US Dollar Amid Market Pressure
On October 5, 2026, the Indian rupee traded in a narrow range near the 96 mark against the US dollar, opening at 96.20 and falling slightly to 96.26. The rupee faced pressure from high crude oil prices and foreign fund outflows. RBI's periodic dollar interventions helped limit volatility and sharper losses despite a challenging macroeconomic environment.
Hindu Business··Mumbai


