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

https://mins.news/en/item/17916

- Reuters, 2026-08-10 08:50 UTC
- Economy
- Original: https://www.reuters.com/world/india/fading-fed-hike-bets-rbi-backstop-blunts-oil-pressure-rupee-2026-08-10/?link_source=ta_bluesky_link&taid=6a7990c5e029de000157f6ad

> 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.