The Indian rupee opened at 95.50 against the US dollar on Monday, August 17, 2026, and reached 95.59 in early trade after closing at 95.42 on Friday. The RBI announced on August 14 that the FCNR(B) swap facility would end for new deposits after August 31 instead of September 30, following $56.84 billion in inflows. Reports from Times of India and The Hindu link the move to market sentiment, while analyses differ on its causes and implications.