In a bold and unexpected move, the Reserve Bank of India (RBI) surprised financial markets by conducting an aggressive dollar sale to stabilize the Indian rupee. This intervention comes at a time when global economic uncertainties, rising crude oil prices, and foreign capital outflows have put pressure on the domestic currency. The RBI’s decision reflects…
The Indian rupee has plunged to a historic low, breaching the 92 per US dollar mark, as persistent foreign capital outflows and heightened importer demand for dollars weighed heavily on the currency. This marks the weakest level ever recorded for the rupee, sparking concerns across financial markets, businesses, and policy circles. Background of the Currency…
India’s foreign exchange markets are bracing for heightened volatility as economists warn that the Indian Rupee could slide to ₹90 against the US Dollar following the Trump administration’s decision to impose a 50% tariff on Indian exports. The move, which took effect on August 27, 2025, has triggered concerns over trade imbalances, capital outflows, and…
India’s foreign exchange reserves are expected to record an increase in the latest reporting week, despite ongoing interventions by the Reserve Bank of India (RBI) to manage the rupee’s volatility and the maturity of a large foreign currency swap facility. Economists tracking central bank data suggest that healthy capital inflows, strong remittances, and robust export…
