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fxAug 17, 2026, 4:41 AM

Indian Rupee Holds Ground as RBI Ends FCNR Swap Window Early

The rupee traded firmer against the dollar on Monday, recovering after two sessions of losses despite the RBI winding down its FCNR forex swap window ahead of schedule.

USDINR

The Indian rupee was stronger against the US dollar on Monday after two days of declines, with USD/INR trading around 95.50 at the time of the report.

The Reserve Bank of India ended its FCNR forex swap window earlier than expected, while the currency held its ground.

Source: FXStreet Forex News