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Rupee opens higher by 23 paise at 94.92 per dollar
M
Moneycontrol•15-10-2026, 09:02
Rupee opens higher by 23 paise at 94.92 per dollar
- •The Indian rupee opened higher by 23 paise at 94.92 per dollar compared to the previous close of 95.15.
- •The currency gained support from a pullback in US Treasury yields following sticky inflation data.
- •Traders continue to see limited chances of a Federal Reserve rate hike this month.
- •Markets are awaiting the release of Indian trade data for the month of September.
- •Asian currencies traded mixed against the US dollar with various regional currencies seeing minor gains and losses.
Key Questions Answered
The Indian rupee opened higher by 23 paise at 94.92 per dollar on October 15, supported by a pullback in US Treasury yields following sticky inflation data and expectations of a limited Federal Reserve rate hike.
Asian currencies traded mixed against the US dollar, with the South Korean won leading gains at 0.16 percent, followed by the Malaysian ringgit, Indonesian rupiah, Philippine peso, and Chinese renminbi, while the Japanese yen, Taiwan dollar, Singapore dollar, and Thai baht declined.
The US dollar index dropped 0.1 percent to 102.06 after pulling back from an 18-month peak, while the euro bounced 0.3 percent to $1.1187 and sterling strengthened 0.2 percent to $1.3224.
