Rupee rises 13 paise to 95.63 against U.S. dollar in early trade
The Indian rupee strengthened against the U.S. dollar, supported by positive domestic equity market performance and foreign capital inflows. However, gains were limited by a strong dollar index and rising crude oil prices amid escalating tensions in West Asia.
Why it matters
Currency fluctuations and oil price volatility directly impact India's inflation and import costs, making these market movements critical for the national economy.
The rupee strengthened by 13 paise to 95.63 against the U.S . dollar in early trade on Thursday (July 30, 2026), supported by positive momentum in domestic equity markets and inflows of foreign capital.
However, the Indian currency's gain was capped by a strong dollar index after the U.S. Federal Reserve kept interest rates unchanged, forex traders said.
At the interbank foreign exchange, the rupee opened at 95.59 and lost some ground to 95.63 against the greenback, registering a gain of 13 paise from its previous close.
The rupee gained 6 paise to settle at 95.76 against the U.S. dollar on Wednesday (July 29, 2026). The currency settled 17 paise higher at 95.82 against the U.S. dollar on Tuesday (July 28, 2026), after gaining 74 paise in the previous two back-to-back sessions.
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