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Reserve Bank of India revives pre-market intervention to support rupee
The Reserve Bank of India has resumed aggressive pre-market forex intervention and capped bank positions to support the rupee at record lows near 95-96 per dollar.
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thehindubusinessline.com
RBI intervenes as Rupee drops to record low
RBI intervenes as the rupee hits a record low, pressured by high oil prices and significant foreign investor withdrawals.
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cryptobriefing.com
Reserve Bank of India considers rate hikes and currency swaps to stabilize sliding rupee
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.
