Dollar deluge lifts Rupee to 10-week high, RBI forex inflows strengthen currency
Central bank’s schemes attract USD 136.4 billion, pushing banking system surplus liquidity to Rs 9.70 trillion and raising prospects of measures to absorb excess funds The rupee climbed to a 10-week closing high on Thursday, buoyed by stronger-than-expected dollar inflows mobilised under the Reserve Bank of India’s special forex schemes.
The rupee closed at ₹94.51 to the US dollar, its strongest level since June 26, marking its biggest single-day rise since July 27. https://www.telegraphindia.com/business/rupee-rises-to-10-week-high-rbi-forex-swap-inflows-boost-liquidity-and-currency-prnt/cid/2178211
Telegraphindia
Dollar deluge lifts Rupee to 10-week high, RBI forex inflows strengthen currency
Central bank’s schemes attract USD 136.4 billion, pushing banking system surplus liquidity to Rs 9.70 trillion and raising prospects of measures to absorb excess funds
September 4, 2026 1.1K 1
