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RBI steps up dollar sales to $53 billion to defend rupee in FY26
MUMBAI: RBI stepped up dollar sales in FY26 to manage exchange rate volatility. The central bank recorded a total net sale of $53.1 billion over the course of the fiscal year an increase of $12 billion compared to net sales of $41.1 billion in FY25.
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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.
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theprint.in
RBI intervenes aggressively as rupee rebounds from record lows
The resumption of dollar sale by the RBI, comes around the time when the rupee opened at 96.30 in the onshore spot market.
