RBI spent $12 billion to not let Re breach 89 level in October
The RBI sold a net $11.9 billion in October 2025 to stabilize the rupee, actively intervening in spot and forward markets. Gross dollar sales surged to $29.6 billion, indicating strong efforts to counter rupee pressure and prevent it from falling below 89 per dollar.🕒 1 min read
The RBI sold a net $11.9 billion in October 2025 to stabilize the rupee, actively intervening in spot and forward markets. Gross dollar sales surged to $29.6 billion, indicating strong efforts to counter rupee pressure and prevent it from falling below 89 per dollar.
Continue Reading
- How Indians Can Become Nurses In New Zealand: Courses, Eligibility, Full Process Explained
-
Gautam Gambhir Attends Arjun Tendulkar’s Wedding Ahead Of India’s Semifinal vs England
- China tightens hold on rare earth metals to counter US supply chain push
- 9-Year-Old Girl Dies After Being Raped, Stuffed In Bag In Delhi: Cops
- French Air Traffic Controllers Strike Hits Europe Summer Travel
- Stuck in India for more than a week, Windies players finally head home
-
Abhishek Banerjee Trinamool’s New Leader In Lok Sabha
- Rare earth supply risk: Indian firms flag Chinese curbs; can Beijing afford ban?
-
‘I don’t know how Vaibhav Sooryavanshi will last’: De Villiers raises alarm
-
US-China trade tensions: Beijing rolls back ‘special port fees’ on US vessels for one year