Market Signal:NEUTRAL (high Impact)
Indian Rupee: RBI defense limits losses against US Dollar – Societe Generale
October 13, 2026
•13:31 UTC
•Target Assets:#USD_PKR
Executive AI Takeaway
Indian Rupee: RBI defense limits losses against US Dollar – Societe Generale — Market signal: NEUTRAL (high Impact)
Societe Generale's strategists note that the INR has rallied further, with USD/INR looking to break below the 95 handle as the RBI intensifies its FX defense. The central bank extended FX curbs to GIFT City and broadened use of risk reserves.
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