October 22, 2026
Business

Rupee hits one-month high amidst Fed rate cut speculations and RBI intervention(Soban News)

The rupee surged to a one-month high of 87.82 against the dollar on Thursday, buoyed by a weaker dollar index and positive sentiment from equity markets and India-US trade talks. This rally followed suspected heavy RBI intervention on Wednesday, which helped the rupee trade above the 88/$1 mark for a second consecutive day.

​The rupee surged to a one-month high of 87.82 against the dollar on Thursday, buoyed by a weaker dollar index and positive sentiment from equity markets and India-US trade talks. This rally followed suspected heavy RBI intervention on Wednesday, which helped the rupee trade above the 88/$1 mark for a second consecutive day. by Soban News (international And National News)

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