The Reserve Bank of India sold $9.76 billion in forex in March 2026 as the rupee dropped 4%, its steepest monthly fall since 2019, amid the US-Iran conflict.

The Indian rupee plunged to an all-time low of 96.91 against the US dollar, driven by surging US Treasury yields and elevated crude oil prices amid geopolitical tensions.

The Rupee falls to a record low of 96.90 against the U.S. dollar amid strong dollar influence and market pressures.

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

Rupee has remained under pressure since the Middle East conflict erupted in late February, falling nearly 6% and hitting multiple record lows against the US dollar. The currency…

RBI's $2 billion intervention strengthens the rupee, combating recent depreciation amid rising crude oil prices and market pressures.

The Indian rupee strengthened to close above 96 per dollar for the first time in a week, following aggressive interventions by the Reserve Bank of India. The central bank sold…

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…