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Rupee outlook: RBI intervention offsets oil and US yield pressures
Sep 1, 2026
✦Business Line

Rupee outlook: RBI intervention offsets oil and US yield pressures

The Indian rupee is expected to start Tuesday little changed between 95.14 and 95.18 against the dollar. RBI intervention and positive momentum helped the currency, even as rising oil prices and U.S. Treasury yields created pressure. A trader said, "India's robust GDP numbers are certainly helpful, though only at the margin."

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