Rupee rises 26 paise to close at 95.17 against U.S. dollar

The rupee rose 26 paise to close at 95.17 against the U.S. dollar on Monday, August 31, 2026. Traders said the Reserve Bank of India likely intervened to support the currency. Better flows under the FCNR(B) scheme also helped, even as rising crude oil prices and geopolitical strain weighed heavily.