India's central bank intervened in forex markets, selling dollars offshore and onshore, as the rupee approached a record low amid rising crude oil prices.

RBI intervenes in forex markets to stabilize the rupee as it approaches record lows amid rising crude oil prices.

India's central bank intervened in forex markets, selling dollars offshore and onshore, as the rupee approached a record low amid rising crude oil prices.

The Indian rupee hit a two-month low on Monday as oil prices hovered around ninety dollars per barrel. In an effort to stabilize the currency, the Reserve Bank of India intervened…

The Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the central bank. Rising crude oil prices are…