India, Oct. 13 -- The Indian rupee was expected to rise against the US dollar on Tuesday, October 13, 2026, making it the second day of rise in succession because of the steps taken by Reserve Bank of India (RBI) to cushion the pressure on the local currency. The Indian rupee opened at Rs.95.53 per dollar and rose to Rs.94.96 in initial dealings, gaining 82 paise against the last closing price, according to sources.

According to the information in the previous day, the rupee rose around 1 percent to close at Rs.95.77-Rs.95.78 against the dollar, giving its best performance in almost six months. This is said to be a result of the measures implemented by RBI that made some foreign exchange operations expensive; thus discouraged immediate d...