Rupee Gains 91 Paise to 95.80 Against US Dollar After RBI Measures
The Indian rupee surged 91 paise to 95.80 against the US dollar in early trade on October 12, 2026, recovering from a record low. This rebound followed the Reserve Bank of India's intervention with measures to curb currency market volatility, including a dedicated dollar window for oil companies and restrictions on certain forex derivative transactions to reduce dollar demand and speculative trading.
Hindu Business··Mumbai



