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Monday, March 2, 2026

Tag: currency intervention

India’s Forex Reserves Drop to $689.7 Billion, Near Record High

India's forex reserves fell by $5.6 billion but remain close to record $704.9 billion. RBI maintains strong import coverage of 11+ months.

India Forex Reserves Hit $702.28 Billion, Nearing Record High

India's forex reserves surge $4.5 billion to $702.28 billion as gold holdings jump $6.18 billion. RBI confirms strong external sector resilience.

RBI Sells $7.7 Billion to Check Rupee Volatility in August

RBI intervenes with massive dollar sales to stabilize rupee as currency faces pressure from global uncertainties and foreign outflows.

RBI Chief Downplays US Tariff Impact on India’s Economy

RBI Governor says India's domestic-driven economy can weather US trade pressure while maintaining rupee stability and unchanged interest rates.