17-November-2025
Economy News
 
RBI’s defence of rupee gets aggressive
17-Nov-2025

In the past month, the Reserve Bank of India (RBI) has aggressively stepped in to defend the rupee. This is quite unlike the situation when it was allowing the rupee to slip for several reasons, including helping exporters after the US government’s punitive tariffs kicked in. Market experts believe that mid-October was the turning point, when speculators were pushing the rupee towards Rs 89/$ that the central bank decided to move in.

News Source:- https://www.financialexpress.com/policy/economy/rbis-defence-of-rupee-gets-aggressive/4046422/