# Rupee Recovers After RBI Intervention

> RBI intervention lifts rupee to 96.73 but dollar demand persists.
- Title: Rupee Recovers After RBI Intervention · The Economic Times
- Summary: RBI intervention lifts rupee to 96.73 but dollar demand persists. The rupee recovered to 96.73 per dollar after RBI sold dollars, though companies continued…
- Keywords: rupee, rbi, dollar, forex, intervention, recovery, demand, money, business, Recovers, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/forex/forex-news/rupee-recovers-to-96-73-vs-us-dollar-after-rbi-intervention-but-dollar-demand-persists/articleshow/134838115.cms
- Author: Atmadip Ray
- Published: 2026-10-09T16:12:00+00:00
- Read time: 1 min
- Topics: rupee, rbi, dollar, forex, intervention, recovery, demand, money, business
## Rupee Closes at 96.73
The rupee recovered a tad to close at 96.73 a dollar Friday, against the previous close of 96.79.
## RBI Intervention
Traders said the central bank intervened heavily selling dollars through large state-owned banks.
## Intra-Day High
The rupee touched an intra-day high of 96.51 in the afternoon.
## Dollar Demand Persists
Companies were seen covering positions and buying dollars at lower levels.
## Key takeaway

The rupee recovered to 96.73 per dollar after RBI sold dollars, though companies continued buying dollars at lower levels.