Wednesday, 30 September 2026Updated 6m ago
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Market move● Neutral for Indian equities

RBI likely intervenes to support rupee near 96/USD mark, traders say

1 source · first seen 12:47 30 Sept · updated 12:47 30 Sept

The brief

Written from 1 report · check the source before you trade
  • State-run banks were spotted offering dollars, most likely on behalf of the RBI, around 96 per dollar
  • Rupee support may affect import costs and margins for Indian companies with significant dollar exposure

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Linked by the tag PSU banks

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Read the reports

1 report · earliest 12:47
Business LineRBI likely intervenes to support rupee near 96/USD mark, traders say12:47