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Bloomberg

Rupee Rally Gets a Boost From Bullish Charts and RBI’s Reserve Ammo

Wednesday, September 2, 2026


India's rupee appreciated against the dollar, driven by technical chart patterns and the Reserve Bank of India's foreign exchange reserves. Oil price increases could limit further gains, according to market analysts.

Original reporting: https://www.bloomberg.com/news/newsletters/2026-09-02/rupee-rally-gets-a-boost-from-bullish-charts-and-rbi-s-reserve-ammo

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