{"id":16253,"date":"2026-08-25T05:50:43","date_gmt":"2026-08-25T05:50:43","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=16253"},"modified":"2026-08-25T05:50:43","modified_gmt":"2026-08-25T05:50:43","slug":"reserve-bank-of-india-rbi-intervenes-to-support-rupee-as-oil-prices-dollar-demand-rise-report","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=16253","title":{"rendered":"Reserve Bank Of India: RBI intervenes to support rupee as oil prices, dollar demand rise: Report"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-133494517,imgsize-1156416,width-400,height-225,resizemode-4\/rbi-shields-rupee.jpg\" alt=\"RBI intervenes to support rupee as oil prices, dollar demand rise: Report\" title=\"File photo: A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai (Picture credit: Reuters)\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"File photo: A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai (Picture credit: Reuters)\">File photo: A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai (Picture credit: Reuters)<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>The <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/reserve-bank-of-india\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" target=\"_blank\" rel=\"noopener\">Reserve Bank of India<\/a> likely intervened in the foreign exchange market on Tuesday to protect the rupee from pressure caused by elevated oil prices and sustained corporate demand for dollars, four traders told Reuters.<span class=\"id-r-component br\" data-pos=\"4\"\/>The rupee was little changed at 95.7350 per dollar, remaining within a trading range of less than one paisa as the central bank&#8217;s intervention kept volatility subdued.<span class=\"id-r-component br\" data-pos=\"6\"\/>State-run banks were seen offering dollars, which traders said was most likely on behalf of the RBI.<span class=\"id-r-component br\" data-pos=\"8\"\/>The central bank&#8217;s sustained intervention over recent trading sessions has kept the rupee anchored in a tight range despite volatility in global markets.<span class=\"id-r-component br\" data-pos=\"12\"\/><\/p>\n<p><h2><b>Rupee remains near 95.75 as RBI steps in<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"14\"\/>The rupee opened at 95.74 per dollar, down 4 paise from Monday&#8217;s close. It had settled 1 paisa higher at 95.70 on Monday.<span class=\"id-r-component br\" data-pos=\"16\"\/>Forex traders told news agency PTI that elevated crude prices and importer demand for dollars were weighing on the currency, while RBI intervention through state-run banks helped prevent a sharper decline.<span class=\"id-r-component br\" data-pos=\"18\"\/>The rupee has remained range-bound for about two weeks, with oil companies and the RBI buying dollars at the lower end of the range and the central bank selling dollars around the 95.75 level, according to Anil Kumar Bhansali, head of treasury and executive director at Finrex Treasury Advisors LLP.<span class=\"id-r-component br\" data-pos=\"21\"\/>\u201cOverall, the rupee remains firmly range-bound around Rs 95.50\u201396.00, with oil prices and RBI intervention likely to remain the key near-term drivers,\u201d Bhansali said, according to PTI.<span class=\"id-r-component br\" data-pos=\"23\"\/><\/p>\n<p><h2><b>Oil prices, Iran tensions keep pressure on rupee<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"25\"\/>Brent crude, the global oil benchmark, was trading 0.30% higher at $92.45 a barrel in futures trade, according to PTI.<span class=\"id-r-component br\" data-pos=\"28\"\/>The dollar index, which measures the US currency against a basket of six major currencies, was at 99.04, up 0.04%, supported by safe-haven demand following the US escalation of sanctions on Iran.<span class=\"id-r-component br\" data-pos=\"31\"\/>The rupee has also faced pressure from renewed geopolitical uncertainty around Iran and weakness in Asian equities.<span class=\"id-r-component br\" data-pos=\"33\"\/>Meanwhile, India&#8217;s domestic equity markets opened lower on Tuesday. The Sensex fell 30 points to 77,336.32, while the Nifty declined 38.80 points to 24,179.50 in early trade.<span class=\"id-r-component br\" data-pos=\"35\"\/>Foreign institutional investors, however, bought Indian equities worth Rs 1,181.66 crore on a net basis on Monday.<span class=\"id-r-component br\" data-pos=\"37\"\/>Separately, the RBI&#8217;s special USD-INR forex swap facility for FCNR(B) deposits, overseas foreign currency borrowings and external commercial borrowings had mobilised $73 billion in foreign exchange inflows as of August 21.<span class=\"id-r-component br\" data-pos=\"39\"\/>The inflows reflected strong participation from non-resident Indians, the report said.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/rbi-intervenes-to-support-rupee-as-oil-prices-dollar-demand-rise-report\/articleshow\/133492794.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>File photo: A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai (Picture credit: Reuters) The Reserve Bank of India likely intervened in the foreign exchange market on Tuesday to protect the rupee from pressure caused by elevated oil prices and sustained corporate demand for dollars, four traders told 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photo: A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai (Picture credit: Reuters) The Reserve Bank of India likely intervened in the foreign exchange market on Tuesday to protect the rupee from pressure caused by elevated oil prices and sustained corporate demand for dollars, four traders told [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 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