{"id":35047,"date":"2026-07-24T07:18:27","date_gmt":"2026-07-24T07:18:27","guid":{"rendered":"https:\/\/saharanews.in\/?p=35047"},"modified":"2026-07-24T07:18:27","modified_gmt":"2026-07-24T07:18:27","slug":"rbi-intervention-lifts-rupee-22-paise-to-96-5-despite-brent-crude-topping-100","status":"publish","type":"post","link":"https:\/\/saharanews.in\/?p=35047","title":{"rendered":"RBI intervention lifts rupee 22 paise to 96.5 despite Brent crude topping $100"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-132596944,imgsize-457997,width-400,height-225,resizemode-4\/rupee-rises-22-paise-against-us-dollar.jpg\" alt=\"RBI intervention lifts rupee 22 paise to 96.5 despite Brent crude topping $100\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Rupee staged a recovery in early trade on Friday, rising 22 paise against the US dollar after opening on a weak note, with likely intervention by the Reserve Bank of India helping the domestic currency steady despite crude oil prices breaching the $100-a-barrel mark.<span class=\"id-r-component br\" data-pos=\"2\"\/>The currency, which had ended 20 paise weaker at 96.73 on Thursday, opened at 96.81 in the interbank foreign exchange market before strengthening to 96.51. <span class=\"id-r-component br\" data-pos=\"4\"\/>Traders said a softer US dollar lent some support, though foreign institutional investor (FII) outflows and continued weakness in domestic equities capped gains.<span class=\"id-r-component br\" data-pos=\"6\"\/>Rupee remained under pressure as Brent crude crossed the $100 mark amid escalating tensions in the Middle East. <!-- -->The US military announced a 13th consecutive night of strikes against Iran on Thursday as clashes over shipping routes intensified. The attacks followed claims by Yemen&#8217;s Houthi that two Saudi oil tankers had been targeted in the Red Sea, with international oil prices moving above $100 per barrel.<span class=\"id-r-component br\" data-pos=\"12\"\/>Brent crude, the global benchmark, was trading 0.12% higher at $100.8 per barrel in futures trade.<span class=\"id-r-component br\" data-pos=\"14\"\/>Explaining the factors behind the currency&#8217;s movement, Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said, &#8220;The key factors for the weak opening of the rupee were &#8212; Brent crude oil remained elevated, increasing dollar demand from Indian oil marketing companies while importer dollar buying remained strong through the session. RBI intervention via state-owned banks prevented a much larger depreciation, while softer dollar index provided only limited support.<!-- -->&#8220;<span class=\"id-r-component br\" data-pos=\"19\"\/>The dollar index, which tracks the US currency against a basket of six major currencies, was marginally lower by 0.01% at 101.43.<span class=\"id-r-component br\" data-pos=\"21\"\/>Meanwhile, Dalal Street remained under pressure. Sensex fell 512.07 points to 75,869.38 in early trade, marking its fifth straight session of losses, while Nifty declined 153 points to 23,713.60.<span class=\"id-r-component br\" data-pos=\"23\"\/>Foreign Institutional Investors continued to pare their holdings, with exchange data showing net equity sales worth Rs 2,999.23 crore on Thursday.<span class=\"id-r-component br\" data-pos=\"25\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/rbi-intervention-lifts-rupee-22-paise-to-96-5-despite-brent-crude-topping-100\/articleshow\/132596724.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rupee staged a recovery in early trade on Friday, rising 22 paise against the US dollar after opening on a weak note, with likely intervention by the Reserve Bank of India helping the domestic currency steady despite crude oil prices breaching the $100-a-barrel mark.The currency, which had ended 20 paise weaker at 96.73 on Thursday,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":35048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-35047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts\/35047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35047"}],"version-history":[{"count":0,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts\/35047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/media\/35048"}],"wp:attachment":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}