BusinessNews brief

Indian central bank likely intervenes to shield rupee as oil prices climb, traders say

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The Reserve Bank of India likely intervened in the foreign exchange market on Tuesday, four traders told Reuters, as rising oil prices and growing wagers on a rate hike in the U.S. this week pressured the South Asian unit.

Read the original report at Reuters.

Sources and context

Reuters

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-15. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.