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Wednesday, 9 September 2026 Reading Room

Finance & Markets

India central bank likely steps in to stem Indian rupee's oil, outflow-driven fall, traders say

MUMBAI: The Reserve Bank of India likely stepped into the currency market on Wednesday, with the rupee coming under pressure from rising oil prices and dollar outflows, traders said. The Indian rupee recovered to 95.07 per dollar following the intervention, after hitting a session low of 95.2250.

brecorder.com ·

India central bank likely steps in to stem Indian rupee's oil, outflow-driven fall, traders say

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