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Home»Forex News»Rupee steady as oil firms buy dollars
Forex News

Rupee steady as oil firms buy dollars

adminBy adminAugust 8, 2026Updated:August 9, 2026No Comments1 Min Read
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The Indian rupee ended nearly flat Friday at 95.21 per dollar, versus its previous close of 95.22, as oil companies bought dollars to prevent the rupee from appreciating. Some state-run banks also sold dollars, traders said. The rupee traded in a 10-paisa range of 95.29 and 95.19, and the bias was negative. Brent crude oil prices were trading around $83-84 per barrel.



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Previous ArticleRupee may strengthen to 94 on FCNR(B) and FPI inflows, says Kotak Securities
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