Global EconomyReuters1 min read9/24/2026 (2h ago)

Indian central bank likely defending rupee, conducting swaps to drain excess cash, traders say

Indian central bank likely defending rupee, conducting swaps to drain excess cash, traders say
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Indian central bank likely defending rupee, conducting swaps to drain excess cash, traders say Reuters Rupee falls 12 paise to close at 95.74 against U.S. dollar The Hindu Currency Check: Rupee opens lower at 95.83 per dollar; Asian currencies trade mixed Moneycontrol.com INR slides as oil prices resurge on US -Iran tensions Business Standard Rupee slips...

Key Takeaways

  • Indian central bank likely defending rupee, conducting swaps to drain excess cash, traders say Reuters Rupee falls 12 paise to close at 95.74 against U.S.
  • dollar The Hindu Currency Check: Rupee opens lower at 95.83 per dollar; Asian currencies trade mixed Moneycontrol.com INR slides as oil prices resurge on US -Iran tensions Business Standard Rupee slips as dollar gets Fed hike expectations tailwind The Economic Times
  • Full details and original dispatch available below.

Indian central bank likely defending rupee, conducting swaps to drain excess cash, traders say Reuters Rupee falls 12 paise to close at 95.74 against U.S. dollar The Hindu Currency Check: Rupee opens lower at 95.83 per dollar; Asian currencies trade mixed Moneycontrol.com INR slides as oil prices resurge on US -Iran tensions Business Standard Rupee slips as dollar gets Fed hike expectations tailwind The Economic Times

Original Publisher Attribution

This summary was curated from Reuters.

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Indian central bank likely defending rupee, conducting swaps to drain excess cash, traders say — Loop60