RBI intervention News

Rupee Hits Two-Year Low: Impact of Russian Oil Sanctions and Strong Dollar

The Indian rupee fell sharply to a two-year low, impacted by US dollar strength and Russian oil sanctions. RBI's cautious intervention and global economic trends are influencing th...

India's Forex Reserves Witness Third Monthly Decline Amidst Market Volatility

India's foreign exchange reserves have declined for the third consecutive month, with a $4.112 billion drop in the week ending December 27, 2024. The RBI's intervention in currency...

Rupee Plunges to Historic Low: 6th Consecutive Day at 85.2/$

The Indian rupee hit an all-time low for the sixth consecutive trading session, closing at 85.20 against the US dollar. Factors contributing to the decline include rising US bond y...