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Rupee shored up by firm central bank intervention, but oil risks linger

The Indian rupee strengthened on Thursday, marking its first gain in two weeks, following aggressive intervention by the central bank through dollar sales. A media report suggesting potential policy options, including an interest rate hike, also supported the currency's recovery from recent record lows.

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economictimes.indiatimes.com

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timesofindia.indiatimes.com

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thehindu.com

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martedì 19 maggio 2026·economictimes.indiatimes.com
Rupee finds some footing on dollar offers from state-run, foreign banks
The Indian rupee edged higher on Tuesday, recovering from an early dip near an all-time low. Dollar offers from state-run lenders and foreign banks provided support, with traders…
martedì 19 maggio 2026·economictimes.indiatimes.com
Rupee plunges for eighth straight session, breaches 96.60 vs USD on rising crude, US yields

The Indian rupee has reached a historic low against the US dollar. This decline is driven by escalating oil prices due to the Iran conflict and higher US Treasury yields. India's…

Rupee shored up by firm central bank intervention, but oil risks linger

Rupee finds some footing on dollar offers from state-run, foreign banks

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