Unicaus NEWS
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According to foreign exchange merchants, damaging sentiment in home equities additionally pressured the Indian forex, though a weak American forex supplied some cushion at a decrease degree.
At the interbank international change, the rupee opened at 88.73 and slipped additional to commerce at 88.77 towards the dollar, down 7 paise from its earlier closing degree.
The rupee had ended 1 paisa decrease at 88.70 towards the greenback on Friday, a day after crashing 47 paise on Thursday, following the commentary of U.S. Federal Reserve chair Jerome Powell.
Meanwhile, the greenback index, which gauges the dollar’s energy towards a basket of six currencies, fell 0.04% to 99.59.
Brent crude, the worldwide oil benchmark, rose 0.31% to ₹64.97 per barrel in futures buying and selling.
On the home fairness market entrance, Sensex declined 258.83 factors or 0.31% to 83,679.88 in early commerce, whereas the Nifty fell 47.95 factors or 0.19% to 25,674.15.
Foreign institutional buyers bought equities price ₹6,769.34 crore on Friday, in accordance with change knowledge.
The RBI knowledge launched on Friday confirmed the nation’s foreign exchange reserves dropped by $6.925 billion to $695.355 billion throughout the week ended October 24. The reserves had elevated by $4.496 billion to $702.28 billion throughout the earlier week.
On the macroeconomic entrance, the Union authorities’s fiscal deficit stood at 36.5% of the full-year goal on the finish of the primary half of FY26, in accordance with knowledge launched by the Controller General of Accounts (CGA) on Friday.
In the primary six months of the earlier monetary 12 months, the hole between the federal government’s expenditure and income was 29% of the Budget Estimates (BE) of 2024-25.
Published – November 03, 2025 10:13 am IST
