The rupee opened at 96.71 against the dollar but improved to 96.65 thanks to intervention from the Reserve Bank of India. External factors, like a robust US dollar and climbing crude oil prices, are still putting pressur…
The rupee opened at 96.71 against the dollar but improved to 96.65 thanks to intervention from the Reserve Bank of India. External factors, like a robust US dollar and climbing crude oil prices, are still putting pressure on the currency. Additionally, India’s forex reserves are diminishing, leading to unease about the rupee’s consistency.
Source: The Times of India — Top Stories
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- Wire dispatch directly ingested from Times of India.
- Published at Thu, 08 Oct 2026 04:26.
- Source URL: https://timesofindia.indiatimes.com/business/india-business/rupee-rises-10-paise-against-us-dollar-what-is-supporting-the-currency/articleshow/134779681.cms