Rupee rises 4 paise to 95.03 against U.S. dollar in early trade

Amid elevated crude oil prices, rupee trades in a narrow range and rises 4 paise to 95.03 against USD in early trade on Wednesday. Image used for representational purpose only. | Photo Credit: Getty Images

The rupee traded in a narrow range and edged up by just 4 paise to 95.03 against U.S. dollar in early trade on Wednesday (October 28, 2026) amid elevated crude oil prices and strong dollar.

Forex traders said rupee is under pressure amid persistent macroeconomic headwinds, including global dollar strength and Brent crude prices hovering near $115 per barrel.

At the interbank foreign exchange market, the rupee recorded marginal gains and touched 95.03, registering a rise of 4 paise over its previous close.