May 13, 2026
Headlines

rupee currency news

RBI Policy

Rupee Opens 40 Paise Higher at Rs 92.64 per Dollar on Iran Ceasefire as Traders Eye RBI Policy Meet

Business News Desk03 mins mins

The Indian rupee opened 40 paise stronger at Rs 92.64 per dollar on Wednesday, buoyed by global relief following the announcement of an Iran-US ceasefire. The truce eased geopolitical tensions in the Middle East, triggering a sharp fall in crude oil prices and boosting investor sentiment. Traders now turn their attention to the upcoming RBI…

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RBI

Rupee Has Room to Appreciate, RBI Unlikely to Intervene, Says Bank of America’s Vikas Jain

Business News Desk04 mins mins

India’s currency markets began 2026 with renewed optimism as the rupee showed signs of appreciation, supported by strong macroeconomic fundamentals and resilient capital inflows. Bank of America’s strategist Vikas Jain stated that the rupee has room to strengthen further, while the Reserve Bank of India (RBI) is unlikely to intervene aggressively in the near term….

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