Banking ForexMedium impactPre-market

Falling rupee prompts curbs on FX positions

6 May 2026 · 07:10 ISTpre-market1 source ↓written by the desknot a recommendation

against the US: ₹95.28

The rupee closed at ₹95.28 against the US dollar, breaching a critical level. In response, the central bank has imposed curbs on banks' net open foreign exchange positions. Market expectations suggest further measures may be introduced to attract dollar deposits from NRIs, aiming to replenish dwindling reserves. 💱

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 May 2026, 07:10 IST.

Sourcesnews.google.com

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Falling rupee prompts curbs on FX positions

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