Overview

• The rupee rose 9 paise to end at 87.93 to the dollar on October 20 after touching 87.88 in early trade.
• Forex traders cited foreign fund inflows, lower Brent crude near $61 per barrel, and positive domestic equities as key supports.
• Participants pointed to active RBI support, including a reported $5 billion single‑day intervention last week and ensuring Monday’s open below 88.
• Across Samvat 2081 the rupee fell 4.62%, leaving it among Asia’s weaker performers during the period, according to market reports.
• RBI data show the REER slipped to 98.79 in August, while foreign exchange reserves declined by $2.176 billion in the week ended October 10.