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Reserve Bank of India sells $9.8B in March as rupee posts steepest monthly drop since 2019
The Reserve Bank of India sold $9.8 billion in March 2026 as the rupee dropped 4%, its steepest monthly decline since 2019, amid Iran conflict disruptions.
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economictimes.indiatimes.com
Rupee slumps to new low; rising import bill stokes inflation fears
The Indian Rupee reached a new record low against the US Dollar on Tuesday. Elevated crude oil prices and the ongoing conflict between the US and Iran impacted the currency.…
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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.
