Story thread · 10 reports / 7 sources

INR/USD: India Central Bank Sold About $7 Billion to Defend Rupee on Friday

bloomberg.com · 12d

India’s central bank sold about $7 billion to defend the rupee on Friday, in what was one of its largest direct interventions in months, according to people familiar with the matter.

First report: RBI Intervention Lifts Rupee to Strongest Gain in Over a Month bloomberg.com, 15d

The coverage

  1. Rupee rises 13 paise to 95.63 against U.S. dollar in early trade

    thehindu.com · 12d

  2. A $32 billion boost that barely moved the Rupee

    economictimes.indiatimes.com · 12d

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