{"id":24533,"date":"2026-09-15T10:19:53","date_gmt":"2026-09-15T10:19:53","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=24533"},"modified":"2026-09-15T10:19:53","modified_gmt":"2026-09-15T10:19:53","slug":"indian-rupee-rupee-falls-0-4-to-95-96-against-dollar-sharpest-single-day-drop-in-two-months","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=24533","title":{"rendered":"Indian Rupee: Rupee falls 0.4% to 95.96 against dollar, sharpest single-day drop in two months"},"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-134258594,imgsize-204590,width-400,height-225,resizemode-4\/the-rupee-falls-against-the-dollar.jpg\" alt=\"Rupee falls 0.4% to 95.96 against dollar, sharpest single-day drop in two months\" title=\"File photo: A man walks past an Indian Rupee symbol installation at the Reserve Bank of India (RBI) 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 an Indian Rupee symbol installation at the Reserve Bank of India (RBI) headquarters in Mumbai (Picture credit: Reuters)\">File photo: A man walks past an Indian Rupee symbol installation at the Reserve Bank of India (RBI) headquarters in Mumbai (Picture credit: Reuters)<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>The Indian rupee fell 0.4% against the US dollar on Tuesday, logging its sharpest single-day decline in two months as rising oil prices and expectations of higher US interest rates weighed on the currency.<span class=\"id-r-component br\" data-pos=\"2\"\/>The rupee closed at 95.96 per US dollar, compared with 95.55 in the previous session, according to Reuters. The currency had touched a more than one-month low during the session.<span class=\"id-r-component br\" data-pos=\"4\"\/>The decline came as most Asian currencies also weakened, while higher crude prices raised concerns over India\u2019s import bill and inflation.<span class=\"id-r-component br\" data-pos=\"6\"\/><\/p>\n<p><h2><b>Oil prices add pressure<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"8\"\/>Brent crude rose nearly 2% to around $107.70 a barrel after attacks on Saudi Arabian energy infrastructure left the kingdom\u2019s East-West oil pipeline offline and raised concerns over efforts to ease shipping risks in the Gulf.<span class=\"id-r-component br\" data-pos=\"12\"\/>Oil prices have climbed nearly 20% so far this month, increasing pressure on energy-importing economies such as India.<span class=\"id-r-component br\" data-pos=\"14\"\/>The rise in crude has also fuelled concerns over inflation, while expectations of higher US interest rates have supported the dollar.<span class=\"id-r-component br\" data-pos=\"16\"\/>The dollar index, which measures the US currency against a basket of six major currencies, was trading at 99.60 in early trade, up 0.21%.<span class=\"id-r-component br\" data-pos=\"18\"\/><\/p>\n<p><h2><b>RBI dollar sales limit losses<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"20\"\/>Likely dollar sales by 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> through state-run lenders helped contain the rupee\u2019s losses, Reuters reported.<span class=\"id-r-component br\" data-pos=\"25\"\/>The central bank was also likely to have conducted dollar-rupee sell\/buy swaps for a fourth consecutive trading session as part of measures to drain excess rupee liquidity from the banking system.<span class=\"id-r-component br\" data-pos=\"27\"\/>RBI Governor Sanjay Malhotra had said the central bank could use open-market bond sales and foreign-exchange swaps to absorb liquidity. The RBI later announced plans to conduct bond sales worth Rs 1 trillion ($10.43 billion) in September.<span class=\"id-r-component br\" data-pos=\"30\"\/>MUFG said the increased rupee liquidity resulting from the RBI\u2019s foreign-exchange measures could add to inflation risks.<span class=\"id-r-component br\" data-pos=\"32\"\/>\u201cWe continue to think the risks tilt towards inflation in India rising faster than expected, with the significant boost to INR liquidity from RBI\u2019s forex measures a potential additional impetus,\u201d MUFG said in a note.<span class=\"id-r-component br\" data-pos=\"34\"\/><\/p>\n<p><h2><b>Bond yields rise as rate-hike bets grow<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"36\"\/>Signs of broader inflationary pressure and rising oil prices have also strengthened expectations of interest-rate hikes, putting pressure on Indian government bonds.<span class=\"id-r-component br\" data-pos=\"39\"\/>The yield on India\u2019s 10-year benchmark government bond rose 7 basis points to 7.09% on Tuesday, according to Reuters.<span class=\"id-r-component br\" data-pos=\"41\"\/>MUFG expects the rupee to weaken gradually against the dollar, forecasting USD\/INR at 95.50 by December 2026 and 96.50 by June 2027.<span class=\"id-r-component br\" data-pos=\"44\"\/>\u201cWe are forecasting USD\/INR at 95.50 by December 2026 and 96.50 by June 2027, implying a gradual depreciation in INR against the dollar and a modest underperformance against other Asian currencies,\u201d the bank said.<span class=\"id-r-component br\" data-pos=\"47\"\/>The rupee had opened at 95.84 against the dollar, down 30 paise from its previous close of 95.54, according to PTI.<span class=\"id-r-component br\" data-pos=\"49\"\/>Forex and equity markets had remained closed on Monday for Ganesh Chaturthi.<span class=\"id-r-component br\" data-pos=\"51\"\/>The combination of higher crude prices, Middle East tensions and stronger demand for the dollar has kept pressure on the Indian currency and financial markets.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/rupee-falls-0-4-to-95-96-against-dollar-sharpest-single-day-drop-in-two-months\/articleshow\/134258504.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>File photo: A man walks past an Indian Rupee symbol installation at the Reserve Bank of India (RBI) headquarters in Mumbai (Picture credit: Reuters) The Indian rupee fell 0.4% against the US dollar on Tuesday, logging its sharpest single-day decline in two months as rising oil prices and expectations of higher US interest rates weighed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-24533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"File photo: A man walks past an Indian Rupee symbol installation at the Reserve Bank of India (RBI) headquarters in Mumbai (Picture credit: Reuters) The Indian rupee fell 0.4% against the US dollar on Tuesday, logging its sharpest single-day decline in two months as rising oil prices and expectations of higher US interest rates weighed [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":2,"magazineBlocksPostReadTime":3,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/the-rupee-falls-against-the-dollar.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/24533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24533"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/24533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/24534"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}