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Economy · India

Rupee gains 11 paise to 95.17 against dollar after Fed holds interest rates

Outlet: The Times of India · SHIVANGHI PAYAL · Published 29/10/2026 05:54 UTC

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In early trading on Thursday, the rupee gained 11 paise against the US dollar, reaching 95.17. This uptick followed the US Federal Reserve's decision to keep interest rates steady, causing a weakening of the dollar as traders reacted negatively. Observers are now focused on upcoming economic data, especially regarding inflation and potential rate adjustments. Notably, Foreign Institutional Investors have been actively purchasing Indian equities, reflecting a positive market outlook.

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Source
https://timesofindia.indiatimes.com/business/india-business/rupee-gains-11-paise-to-95-17-against-dollar-after-fed-holds-interest-rates/articleshow/135291110.cms
Published
29/10/2026 05:54 UTC
Captured
29/10/2026 06:09 UTC
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724606cf8b111dc4 · 289 words
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