Economy

Rupee hovers near 96 as oil stays above $100 per barrel, foreign selling persists

· 5 October 2026 · 2 min read
Rupee hovers near 96 as oil stays above $100 per barrel, foreign selling persists

The Times of India has reported a new India-focused economy development: “Rupee hovers near 96 as oil stays above $100 per barrel, foreign selling persists.” The publisher's feed describes the story as follows: <![CDATA[The rupee started off on a weaker note against the US dollar due to soaring crude oil prices and foreign investors selling off. In response, the Reserve Bank of India is stepping in to curb volatile changes, as forex reserves dwindle. Market analysts anticipate a possible intere

Original reporting by The Times of IndiaRead the full story

Intellectual Janata displays only original summaries of externally sourced news and links readers to the original publisher.

#economy#india#governance#foreign-affairs

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