# Rupee Rises Then Slips

> Rupee hits intra-day high before slipping on dollar demand.
- Title: Rupee Rises Then Slips · The Economic Times | Shortify
- Summary: Rupee hits intra-day high before slipping on dollar demand. The rupee rose to 96.51 against the dollar before falling to 96.73 as central bank sold dollars…
- Keywords: rupee, dollar, rbi, forex, intra-day, central bank, money, business, Rises, Slips, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/forex/forex-news/rupee-rises-to-intra-day-high-then-slips-on-dollar-demand/articleshow/134847163.cms
- Author: ET Bureau
- Published: 2026-10-10T04:10:00+00:00
- Read time: 1 min
- Topics: rupee, dollar, rbi, forex, intra-day, central bank, money, business
## Rupee Rises
The rupee climbed to an intra-day high of 96.51 against the dollar in the afternoon.
## Central Bank Intervention
Traders reported the central bank sold dollars through large state-owned banks to support the rupee.
## Rupee Closes Lower
The rupee closed at 96.73 against the dollar, down from 96.79 the previous day.
## Dollar Demand
Companies were seen covering positions and buying dollars at lower levels, creating underlying demand.
## Key takeaway

The rupee rose to 96.51 against the dollar before falling to 96.73 as central bank sold dollars through state banks.