# India unveils tough curbs on dollar demand to defend rupee

https://mins.news/en/item/94332

- Reuters, 2026-10-10 09:15 UTC
- Economy
- Original: https://www.reuters.com/world/india/india-central-bank-takes-steps-support-rupee-opens-dollar-window-oil-companies-2026-10-10/?link_source=ta_bluesky_link&taid=6aca02207858580001466827

> India announced new steps on Saturday to support the rupee, redirecting oil companies’ dollar purchases away from the spot market and tightening hedging rules as the currency hovered near record lows.

## Related coverage

- [India’s central bank seeks to prop up rupee as it nears record lows](https://mins.news/en/item/94471) — Financial Times, 2026-10-10
