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Rupee Surges 96 Paise Against US Dollar, Here's What Triggered Its Biggest One-Day Rally In Six Months?

Rupee Surges 96 Paise Against US Dollar, Here's What Triggered Its Biggest One-Day Rally In Six Months?
Photo: Free Press Journal · view original

Mumbai: The Indian rupee strengthened sharply against the US dollar on Monday, October 12, 2026, closing at 95.77, up 96 paise from Friday's closing level of 96.73. The nearly 1 per cent appreciation marked the currency's biggest single-day gain in six months, largely supported by fresh measures...

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