Tag: dollar

RBI Acts as Rupee Crashes to Record 92 vs Dollar: Rescue Package Details

The RBI announced a $5 billion swap auction and special FPI window after the rupee hit a historic low. Learn the measures and what it means for inflation and growth.

Rupee Hits Record Low vs Dollar on India-China Border Tensions

The Indian rupee fell to a historic low of 82.73 per dollar amid risk aversion from border tensions. Analysts expect RBI intervention to curb volatility.

RBI Intervention Helps Rupee Post Biggest Gain in Month to 89.23

Rupee rebounds from record low after RBI steps in, but traders warn of further pressure amid US trade deal uncertainty and foreign outflows.

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.