Rupee opens flat at ₹94.93 per dollar as Asian currencies trade mixed
Last Updated: 26th October 2026 - 01:32 pm
On 26 October 2026 opening the rupee is steady at ₹94.93 /$ vs Friday’s close of ₹94.94/$. As per Finrex analysis – Exporters would look to sell on higher side and importers would look to buy on lower side for import hedging. Cost of hedging has come down somewhat for importers.
Currency market data showed the rupee opened at Rs 94.93 on Monday 26 October against Friday’s close of Rs 94.94.
Finrex put the opening level at ₹95 and said exporters would sell dollars when the currency moved up. It said importers would buy dollars on dips to hedge imports, adding that the cost of this hedging had come down somewhat.
Finrex also placed oil prices near $114.75 per barrel and the dollar index at 101.62 that morning. The index measures the US currency against a basket of currencies.
Asian currencies against US$ went in different directions over the day with the Philippine peso decreasing by 0.26% and the South Korean won increasing by 0.09%. The dollar index was slightly weaker at 101.64.
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