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Macro Score 75 Bullish

Rupee Extends Rally After Biggest Surge in 12 Years on RBI Moves

Apr 06, 2026 04:43 UTC
INR/USD, EMN, ^VIX
Immediate term

Rupee Extends Rally After Biggest Surge in 12 Years on RBI Moves.

  • Rupee's biggest surge in 12 years
  • RBI policy moves driving the rally

The Indian rupee edged up, extending its biggest rally in 12 years after the central bank doubled down on curbing speculation against the local currency. The rupee closed 0.1% higher at 93.0612 per dollar after rising as much as 0.4% on Monday. The currency gave up some gains on dollar purchases by local importers and oil refiners, according toAnil Kumar Bhansali, head of treasury at Finrex Treasury Advisors.

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