Rupee rises 31 paise to 94.86 against U.S. dollar in early trade

Rupee rises 31 paise to 94.86 against U.S. dollar in early trade

Meanwhile, India’s WPI inflation accelerated to 11.39% from 9.92%, with food inflation reaching 8.66%. Combined with CPI inflation of 5.54%, dual inflation pressure makes it very difficult for the RBI to turn dovishThe rupee appreciated 31 paise to 94.86 against the U.S. dollar in early trade on Thursday (October 15, 2026), supported by the ongoing impact of the Reserve Bank of India’s structural forex interventions and liquidity-tightening measures.

📰 Original Source Attribution

Reported by thehindu.com.

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