Indian rupee opens slightly firmer at 94.79 per dollar
The Indian rupee opened marginally higher against the dollar at 94.79, versus Wednesday's close of 94.82, while most Asian currencies traded mixed. Source: TradingView.
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what happened
According to TradingView, the Indian rupee opened on October 23 with a slight gain against the US dollar, at 94.79 per dollar compared with 94.82 at Wednesday's close.
Asian currencies traded mixed on the day. The Indonesian rupiah lost the most, down 0.24%, followed by the Japanese yen, which fell 0.10%. The Thai baht, Taiwan dollar and Malaysian ringgit weakened by 0.08%, 0.08% and 0.07% respectively. The South Korean won rose 0.28%, the Philippine peso gained 0.21%, the Chinese renminbi edged up 0.03% and the Singapore dollar added 0.01%.
The dollar index, which tracks the greenback against a basket of currencies, stood at 101.52. Earlier on Thursday it touched 101.44, its lowest level since the start of the month.
why it matters
Moves of this size usually reflect the current balance of currency demand and supply rather than a decisive shift. Still, rupee movements matter for importers of oil and other dollar-priced goods, and for investors in Asian assets. The dollar index sets the broader backdrop for currency pairs, so traders often watch it alongside interest rates and economic data.
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- Currency Check | Rupee opens marginally higher at 94.79 per dollar — TradingView, 23 October 2026 at 03:44 UTC
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