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Rupee dips past 95 per dollar as forex curbs loom and dollar inflows beckon investors
Economy
Published on 6 May 2026
Central bank may target NRI deposits next
The rupee slid to 95.28 per US dollar, crossing the key 95 mark and sparking expectations of fresh RBI action. Market watchers say new measures could include curbs on certain FX positions and initiatives aimed at drawing dollar inflows, potentially by encouraging Non-Resident Indians to park more deposits. The goal: strengthen reserves and stabilize the currency.
- Rupee falls to 95.28 per dollar, breaching 95
- Traders expect RBI curbs on some FX exposures
- Speculation grows about measures to attract dollar inflows
- Possible focus on NRI deposits to boost reserves
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times