Rupee gains 13 paise to close at 95.15 against U.S. dollar post-RBI policy decision
The Indian Rupee appreciated by 13 paise to close at 95.15 against the U.S. dollar following the RBI's decision to maintain the repo rate at 5.25%. Market sentiment was bolstered by falling crude oil prices and reduced geopolitical tensions in West Asia.
Why it matters
Currency fluctuations and RBI policy decisions are key indicators of India's economic stability and investor confidence in the face of global volatility.
The rupee gained 13 paise to settle at 95.15 (provisional) against the U.S. dollar on Wednesday (August 5, 2026), after the Reserve Bank of India kept the key policy rate unchanged for the third time in a row in FY27 amid the West Asia crisis.
Forex traders said investor sentiments were supported by an overnight decline in crude oil prices and a weakness of the American currency in the overseas market.
Moreover, a decline in U.S. treasury yields also supported the rupee.
At the interbank foreign exchange, the rupee opened at 94.90 against the greenback and traded in a tight range of 94.89-95.25 during the session. It eventually settled at 95.15, higher by 13 paise from its previous close.
On Tuesday (August 4, 2026), the rupee appreciated 9 paise to close at 95.28 against the American currency.
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