Forex
Asia FX Gains as Dollar Hovers Near 6-Week Low: Rupee Rallies After RBI Rate Hold
Asian currencies are broadly firmer on 5 August 2026 as the US dollar struggles to regain traction near a six-week trough, with India's rupee leading regional gains following the Reserve Bank of India's decision to keep its benchmark rate unchanged. The dollar's softness reflects cooling US rate-hike expectations and a global appetite for emerging-market exposure.