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fxAug 18, 2026, 5:35 AM

USD/INR Pulls Back as Possible RBI Intervention Supports Rupee

USD/INR eased toward 95.67 after touching a three-week high at 95.85, with the rupee supported by the potential for Reserve Bank of India intervention.

USDINR

USD/INR pulled back toward 95.67 during Tuesday’s session after earlier refreshing a three-week high at 95.85 in the opening session. The move reflected a modest recovery for the Indian rupee against the US dollar.

Traders linked the rupee’s slight strength to the possibility of Reserve Bank of India intervention, although no official confirmation was cited in the report.

The pair remains below its early-session high as market participants monitor RBI activity for further direction.

Source: FXStreet Forex News