Reserve Bank of India sold $7 billion in forex markets to defend the rupee near record lows of 97 against the dollar, raising crypto policy

RBI dollar sales boost the rupee to its largest gain in over a month. Gold hitting $15,000 by December at 2.6% YES.

RBI intervenes in forex market, boosting the rupee to its strongest level in two weeks at 95.6425 per dollar.

India's central bank sold approximately $7 billion to defend the rupee. The Reserve Bank of India intervened across markets as the currency neared a record low. This intervention…