The Reserve Bank of India is considering steps like interest rate hikes and currency swaps as the rupee hits a record low, aiming to curb further depreciation.

RBI intervenes as the rupee hits a record low, pressured by high oil prices and significant foreign investor withdrawals.

The Reserve Bank of India is considering interest rate hikes and currency swaps to stabilize the rupee after it hit an all-time low of 91.7425 against the dollar.

The Indian rupee strengthened on Thursday, marking its first gain in two weeks, following aggressive intervention by the central bank through dollar sales. A media report…

India's RBI considers interest rate hikes and other measures to stabilize the rupee amid significant currency depreciation concerns.

RBI prioritizes inflation over rate hikes to defend the rupee, despite market expectations and recent currency depreciation.