Indian rupee posts its sharpest one-day rise in six months after central bank measures2026-10-12The rupee rose about 1% to 95.77 per dollar on Monday, its biggest one-day gain since April.New measures redirect oil companies’ dollar purchases away from the spot market and tighten hedging rules; the oil-purchase change is expected to remove $10–12 billion in monthly dollar demand from that market.The Reserve Bank of India likely supported the rally by selling dollars through state-run banks, traders said.Analysts said the recovery may not last if broader balance-of-payments pressures, including capital outflows, persist.RBI measures, intervention spark rupee's sharpest rally in six months (The Economic Times)Central bank measures, intervention spark Indian rupee's sharpest rally in six months (Business Recorder)Rupee jumps 96 paise to close at 95.75 against U.S. dollar (The Hindu)Rupee rebounds nearly 1% after RBI moves to curb speculative trades (The Economic Times)Rupee gains 96 paise as RBI curbs begin to take effect (The Times of India)Rupee jumps 91 paise to 95.80 against US dollar in early trade (The New Indian Express)Rupee logs best day since April 2 on RBI measures; bond yields near 7.4%, highest since March 2023 (The New Indian Express)RBI measures see sharp impact as rupee rises 1% against US dollar; what steps were announced? (The Times of India)Will RBI’s new measures to support rupee affect overseas investments? Experts explain (Mint)India unveils tough curbs on dollar demand to defend rupee (bdnews24.com)