Monday, 28 September 2026Updated 2m ago
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Market move▼ Bearish for Indian equities

Rupee faces pressure as Iran talks stall; RBI intervention seen as a buffer

2 sources · first seen 08:20 28 Sept · updated 09:26 28 Sept

The brief

Written from 2 reports · check the source before you trade
  • The rupee settled at 95.8125 to the dollar on Friday
  • The rupee is expected to open slightly weaker, with RBI intervention described as a reliable buffer
  • A weaker rupee may benefit IT exporters but raise costs for Indian oil importers

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42 stories this week
  1. 28 SeptIndia's forex reserves fall $14.89 billion to $766 billionData · 1 source · Forex reserves fell $14.89 billion to $766 billion in the week ended September 18
  2. 28 SeptRupee and government bonds face pressure as oil rises and Iran diplomacy hopes fadeMarket move · 3 sources · The rupee and government bonds are vulnerable as oil prices climb
  3. 26 SeptFII Flows To Stay Subdued: Bernstein sees flat to modest inflows; rupee and valuations weighBroker call · 1 source · Bernstein expects foreign institutional investor flows into Indian stocks to stay stable over the next year
  4. 25 SeptRBI says resilient domestic economy cushions India against rising global risksData · 4 sources · The RBI cited record forex reserves and a five-year high in net FDI
  5. 25 SeptForex reserves drop $14.9 billion to $766 billion, sharpest weekly fall since November 2024Data · 2 sources · Reserves fell $14.9 billion in the week ended September 18
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Read the reports

2 reports · earliest 08:20
ReutersRupee pressured by Iran talks impasse; RBI intervention a 'reliable' buffer08:20Business LineRupee pressured by Iran talks impasse; RBI intervention a 'reliable' buffer09:26