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fxJun 10, 2026, 8:15 AM

Indian Rupee Rebounds from Record Lows as RBI and Government Act

The Indian Rupee has recovered from its all-time low against the US Dollar, supported by coordinated measures from the Reserve Bank of India and the government to attract foreign capital.

USDINR

The Indian Rupee has bounced back from its record low against the US Dollar, aided by joint action from the Reserve Bank of India (RBI) and the government. The measures aim to attract foreign investment and stabilize the currency.

Market participants are debating whether this is a temporary relief rally or the start of a sustained reversal. The coordinated policy response signals authorities' commitment to defending the rupee, though external factors like dollar strength and global risk sentiment remain key.

Source: FXStreet Forex News