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Indian Rupee Edges Higher on Lower Oil Prices

The Indian rupee ended marginally stronger on Monday supported by lower oil prices and portfolio inflows. Importer hedging demand limited gains while forward premiums eased.

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A man walks past an Indian Rupee symbol installation at the Reserve Bank of India headquarters in Mumbai, India, August 5, 2026. REUTERS/Francis Mascarenhas

The India rupee ended Monday trading up slightly at 95.8150 per dollar, supported by portfolio inflows and lower energy costs. The currency held a narrow range during the session as local importer demand capped broader gains.
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