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Tag: Repo rate in india

Rupee falls 22 paise to 96.57 against U.S. dollar post RBI rate increase

Posted on October 7, 2026 By admin
Rupee falls 22 paise to 96.57 against U.S. dollar post RBI rate increase

Representative image. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 22 paise to 96.57 against the U.S. dollar in early trade on Wednesday (October 7, 2026), after the Reserve Bank of India raised the key benchmark policy rate by 25 basis points to 5.5%. Market analysts said the RBI’s rate hike reflects rising cyclical inflation…

Read More “Rupee falls 22 paise to 96.57 against U.S. dollar post RBI rate increase” »

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