Tuesday, 29 September 2026Updated 2m ago
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Market move▼ Bearish for Indian equities

Rupee breaches 96 per dollar as oil surge stokes pressure; RBI intervention limits fall

1 source · first seen 17:20 29 Sept · updated 17:20 29 Sept

The brief

Written from 1 report · check the source before you trade
  • The rupee breached 96 per dollar for the first time since July
  • Surging crude and a firm dollar pressured the rupee; RBI intervention limited its fall
  • A weaker rupee raises import costs for Indian oil companies and other import-dependent businesses

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Read the reports

1 report · earliest 17:20
Economic TimesRupee breaches 96 per dollar as oil surge stokes pressure; RBI intervention limits fall17:20