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Rupee slides to steep weekly fall as RBI eases FX support measures
Economy
Published on 24 April 2026
RBI partially pulled back FX curbs—rupee reacted fast
The Indian rupee fell sharply on Tuesday, marking its steepest drop in a week as it tracked weakness across most regional Asian currencies. The decline also reflects the impact of a partial rollback of RBI measures taken recently to support strained South Asian currencies, weakening sentiment toward the rupee and adding pressure to trade levels.
- Rupee logged its steepest weekly fall on Tuesday
- Currency weakness spread across most Asian peers
- Partial rollback of RBI FX support weighed on sentiment
- Traders now watch further RBI and regional developments
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times