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EconomyRupee held steady by central bank, traders eye oil turmoil

The Indian rupee stayed within a narrow trading range on Monday. Expected intervention by the central bank helped limit the effect of higher oil prices and increased dollar demand linked to maturing contracts in the non-deliverable forwards market. Traders remained alert to further disruption from oil-price movements.

Indian rupeecentral bank interventionoil prices

RReuters★★★☆☆2026-08-10 08:50Original

Rupee held steady by central bank, traders eye oil turmoil
Rupee held steady by central bank, traders eye oil turmoilEconomy