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RBI Supplies Dollars, Holds Rupee Around INR95.25

8/10/2026

22 3 Full Breakdown

Summary

Story summary

The Reserve Bank of India intervened by offering dollars through state-run banks to keep the rupee near INR95.25 per dollar.
At 11:30 a.m. IST the rupee was INR95.25, up from the close of INR95.2075, after the intervention kept it above INR95.50 since late July.
Brent crude hovered around $85 a barrel amid Strait of Hormuz uncertainty, prompting analyst Amit Pabari to say the INR95.00-INR95.10 zone should act as a solid floor.

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Story summary

The Reserve Bank of India intervened by offering dollars through state-run banks to keep the rupee near INR95.25 per dollar.
At 11:30 a.m. IST the rupee was INR95.25, up from the close of INR95.2075, after the intervention kept it above INR95.50 since late July.
Brent crude hovered around $85 a barrel amid Strait of Hormuz uncertainty, prompting analyst Amit Pabari to say the INR95.00-INR95.10 zone should act as a solid floor.