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Reserve Bank of India sells $9.8B in March as rupee suffers steepest monthly drop since 2019
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.
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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.
