https://www.live-feeds.com/feed/rupee-jumps-after-india-central-bank-unveils-currency-defense-measuresContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/rupee-jumps-after-india-central-bank-unveils-currency-defense-measureshttps://www.live-feeds.com/feed/rupee-jumps-after-india-central-bank-unveils-currency-defense-measures#u132455Sun, 18 Oct 2026 16:17:21 +0000The Indian rupee climbed against the US dollar following aggressive currency-defense measures introduced by the Reserve Bank of India as the currency approached record lows. India drew a line in the sand for the rupee at 97 while stepping up its defense, prompting a 1 percent rise against the US dollar. The central bank tightened rules on rupee non-deliverable contracts and widened a 20 percent cash reserve requirement. Despite these initial temporary gains, economists warn that downward pressure on the currency may continue. Meanwhile, commercial banks are seeking relief and regulatory clarit