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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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economictimes.indiatimes.com
Rupee finds some footing on dollar offers from state-run, foreign banks
The Indian rupee edged higher on Tuesday, recovering from an early dip near an all-time low. Dollar offers from state-run lenders and foreign banks provided support, with traders…
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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.
