The story so far
Rupee Gains on RBI Intervention
Tracked across 3 sources · Updated 3h ago
The Indian rupee strengthened sharply against the US dollar on July 27-28, 2026, as the Reserve Bank of India intervened by selling dollars and falling crude oil prices supported the currency. The rupee saw its biggest single-day gain in nearly two months, rising from near 96.15 to 95.76 per dollar.
How it unfolded
7h ago
Rupee expected to hold above 96 due to RBI sales and lower crude
7h ago
Rupee opens stronger at 95.76 amid RBI support
1d ago
Rupee surges 67 paise, biggest gain in two months
1d ago
RBI sells dollars as rupee nears 96.15
What happened earlier
Latest updates
Latest
Full story →Rupee Set to Hold Above 96/USD as Persistent RBI Dollar Sales & Lower Crude Counter US Dollar Gains
The Indian rupee is expected to open flat to slightly higher on Tuesday, holding above the 96-per-dollar mark.
The Reserve Bank of India intervened with persistent dollar sales to defend the 97 level, triggering stop-losses on long-dollar positions.
Lower crude oil prices, with Brent crude down 1.5% at $87.06 per barrel, supported the rupee alongside RBI intervention.
The rupee rallied 0.7% on Monday to settle at 95.91 per U.S. dollar, its biggest single-day advance in six weeks.
The dollar index hovered near a one-month high, with the market pricing a one-in-three chance of a Fed rate hike at Wednesday's decision.
Earlier · 21h ago
Full story →RBI intervention lifts rupee to strongest gain in over a month
The Reserve Bank of India intervened by selling dollars when the rupee traded near 96.15 per dollar.
The intervention was fairly large, according to people familiar with the matter who requested anonymity.
The rupee recorded its strongest gain in over a month as a result of the RBI's action.
Earlier · 15h ago
Full story →Rupee posts biggest single-day gain in nearly two months
