# Rupee set to rise as dollar slumps after Treasury boosts bond buybacks; oil risk persists

https://mins.news/en/item/26897

- Reuters, 2026-08-20 03:30 UTC
- Economy
- Original: https://www.reuters.com/world/india/rupee-rise-dollar-slump-after-treasury-boosts-bond-buyback-oil-risk-persists-2026-08-20/?link_source=ta_bluesky_link&taid=6a8674dec69d29000181aa01

> The Indian rupee is expected to open higher on Thursday after the dollar fell to a three-month low. The decline followed the U.S. Treasury’s decision to increase buybacks of longer-dated bonds to ease pressure on the bond market, while oil remains a risk.