Rupee rises 14 paise to close at 96.28 against U.S. dollar
The Indian rupee gained 14 paise to close at 96.28 against the U.S. dollar on July 17, 2026, following potential intervention from the Reserve Bank of India. This rise comes after four consecutive sessions of decline, amid elevated tensions in West Asia that have increased global oil prices and pressured the local currency. Forex traders noted that the RBI's actions may have contributed to stabilizing the rupee's value.