Rupee rises 10 paise against US dollar: What is supporting the currency?​on October 8, 2026 at 4:26 am

The rupee opened at 96.71 against the dollar but improved to 96.65 thanks to intervention from the Reserve Bank of India. External factors, like a robust US dollar and climbing crude oil prices, are still putting pressure on the currency. Additionally, India’s forex reserves are diminishing, leading to unease about the rupee’s consistency.