18-October-2025
Economy News
 
Rupee sees sharp rebound from near all-time lows after RBI’s $5 billion market move
17-Oct-2025

The Reserve Bank of India (RBI) is estimated to have sold $3-5 billion in spot and non-deliverable forward markets to support the rupee on Wednesday, traders said, marking its largest intervention in months. Seven traders from private, state-run and foreign banks provided the estimates, with two suggesting sales of $5 billion, citing significant activity in the non-deliverable forward market. The RBI did not respond to an emailed request for comment.

News Source:- https://www.financialexpress.com/policy/economy-rbis-5-billion-market-move-lifts-rupee-from-near-all-time-low-4012631/