RBI sold $14.9 billion from January to May 2026 to stabilise the rupee amidst excessive market volatility.

In an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover substantial written-off loans. The…

RBI sold $14.9 billion in Jan-May 2026 to curb rupee volatility, government tells Parliament