Indian banks face ₹4,800 crore FX losses amid rupee slide
after close1 source ↓written by the desknot a recommendation
- in mark-to-market foreign
- $500 million
- After recovering
- $400 million
- per US dollar
- ₹96.315
- crude prices above
- $100
Indian banks reported nearly $500 million in mark-to-market foreign exchange losses in the first half of 2026 due to a regulatory change by the RBI. After recovering $400 million, traders are closely monitoring the rupee's current rate of ₹96.315 per US dollar and rising Brent crude prices above $100. This renewed volatility may impact bank treasury performance significantly.
Not investment advice. For informational purposes only.