Rupee hovers near 96 as oil stays above $100 per barrel, foreign selling persists

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Times of India
Rupee hovers near 96 as oil stays above $100 per barrel, foreign selling persistsWorldPing
Image via Times of India.

What happened

The rupee started off on a weaker note against the US dollar due to soaring crude oil prices and foreign investors selling off.

In response, the Reserve Bank of India is stepping in to curb volatile changes, as forex reserves dwindle.

Key facts

  • Reported by Times of India and published Mon, 05 Oct 2026 05:15:33 UTC.

Why it matters

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Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

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  3. Rupee hovers near 96 as oil stays above $100 per barrel, foreign selling persists

Sources

The original report was published by Times of India. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Times of India

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