Rupee strengthens to 95.63 vs USD
Analysis based on 6 articles · First reported Jul 30, 2026 · Last updated Jul 30, 2026
The rupee's modest gain reflects positive domestic sentiment and foreign inflows, but the stronger dollar and Fed's rate hold limit upside. Renewed US-Iran tensions support oil prices, which could pressure the rupee if sustained.
The India — Indian rupee strengthened by 13 paise to 95.63 against the US dollar in early trade on July 30, 2026, supported by positive domestic equity markets and foreign capital inflows. Gains were capped by a strong dollar index after the US United States — Federal Reserve kept interest rates unchanged. The dollar index traded at 101.79, up 0.06%. Brent Crude futures fell 1.26% to $89.60 per barrel amid renewed US-Iran tensions. The US military struck dozens of targets of Iran's Revolutionary Guard Corps in response to an Iranian missile attack on a US base in Jordan. Domestic equity indices rose: Sensex up 0.06% to 77,699.37, Nifty up 0.09% to 24,270.20. Foreign Institutional Investors bought equities worth ₹2,981.87 crore on a net basis on July 29.
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