{
  "id": 9772007,
  "title": "Rupee gains 15 paise to 95.81 against dollar, likely helped by RBI intervention",
  "url": "https://urgent.news/2026/09/25/rupee-gains-15-paise-to-95-81-against-dollar-likely-helped-by-rbi",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T11:32:27.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/finance/rupee-gains-15-paise-to-95-81-against-dollar-likely-helped-by-rbi-intervention/articleshow/134483941.cms"
  },
  "original_language": "en",
  "account": "The Indian rupee strengthened by 15 paise to 95.81 against the US dollar on Friday, rebounding from a low of 95.94 and the prior close of 95.96, while bond yields rose to a four-month high. Trading in a thin volume market, major public sector banks were reportedly selling dollars at the Reserve Bank of India's (RBI) behest, aiding the local currency's recovery from near 96. Despite a crude price near $105, the rupee risked imported inflation. The RBI's pre-market intervention saw the rupee opening at 95.90, traders noted. The central bank utilized dollar-rupee sell-buy swaps to absorb liquidity from inter-bank systems, and exporters also offloaded dollars, pushing the one-year forward premium to 3.5%, a level unseen since mid-May. RBI deputy governor Poonam Gupta's remarks about the rupee being overcorrected signaled a potential stabilization, while the bank's treasury head urged moderation in depreciation. Weakening for days due to concerns about external financing and dollar demand, the rupee's strength was seen as a positive amid global yield tightening, with US and German 10-year yields rising to 5.20% and 3.5798%, respectively.",
  "summary": "Market participants said large public sector banks were seen selling dollars at the behest of the Reserve Bank of India (RBI) in a market with thin volume, helping the local currency recover from the near 96 level despite global crude price hovering around $105 a barrel and raising the risk of imported inflation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Rupee ends at 95.81/$ soothed by RBI intervention; surge in forward premiums tipped to cool",
        "url": "https://urgent.news/2026/09/25/rupee-ends-at-95-81-soothed-by-rbi-intervention-surge-in-forward",
        "published": "2026-09-25T10:30:34.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}