Rupee trades in narrow range against U.S. dollar in early trade
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The rupee traded in a narrow range against the U.S.
- ✓dollar on Monday, October 5, 2026.
- ✓It hovered near the 96 mark as high oil prices and foreign fund outflows weighed on the market.
Story at a Glance
- Category
- MARKET
- Reported By
- The Hindu
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The rupee traded in a narrow range against the U.S. dollar in early trade on Monday (October 5, 2026), and was hovering around the crucial 96 mark, amid persistent pressure from elevated crude oil prices and sustained foreign fund outflows.
Forex traders said periodic dollar interventions by the Reserve Bank of India (RBI) helped smooth excessive intraday volatility and capped sharper losses for the rupee, though the overall macro environment of elevated import bills and persistent greenback strength weighed on investor sentiment.
Rupee rises 13 paise to close at 95.81 against U.S. dollar
At the interbank foreign exchange market, the rupee opened at 96.20, then fell to 96.26 against the U.S. dollar, registering a fall of 1 paisa from its previous close.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
The Hindu
Read the full, original unfiltered story directly on the publisher's portal.