Tag: Forex Reserves
Rupee Defense Redux: RBI’s Forceful Intervention Steadies Currency
Aggressive early-morning dollar sales by state-run banks push USD/INR off near-record highs; sentiment reset echoes February’s stabilization playbook Mumbai, October 17, 2025 — In a [more…]
RBI’s Forex Reserves Slip Marginally; Rupee Holds Ground Amid Global Volatility
India’s foreign exchange reserves dipped by $276 million to $699.96 billion in the week ended October 3. The Rupee stayed largely steady, supported by strong [more…]