Rupee’s calm signals RBI may resume active currency support
Rupee’s limited movement hints RBI may again intervene in FX markets.
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3h agoRupee’s calm signals RBI may resume active currency support
Over the past two weeks, the rupee has shown unusually narrow fluctuations against the U.S. dollar, prompting speculation that the Reserve Bank of India may be intervening to defend stability. After plunging to a record low of ~₹88.80 in late September, the currency’s volatility compressed sharply. Traders note that the RBI may be reverting to prior policy of forceful intervention to curb speculative pressure under evolving global trade risks. (Reuters)
neutral
3h agoRupee’s calm signals RBI may resume active currency support
Over the past two weeks, the rupee has shown unusually narrow fluctuations against the U.S. dollar, prompting speculation that the Reserve Bank of India may be intervening to defend stability. After plunging to a record low of ~₹88.80 in late September, the currency’s volatility compressed sharply. Traders note that the RBI may be reverting to prior policy of forceful intervention to curb speculative pressure under evolving global trade risks. (Reuters)
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Rupee’s calm signals RBI may resume active currency support
about 3 hours ago
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Rupee’s limited movement hints RBI may again intervene in FX markets.
Over the past two weeks, the rupee has shown unusually narrow fluctuations against the U.S. dollar, prompting speculation that the Reserve Bank of India may be intervening to defend stability. After plunging to a record low of ~₹88.80 in late September, the currency’s volatility compressed sharply. Traders note that the RBI may be reverting to prior policy of forceful intervention to curb speculative pressure under evolving global trade risks. (Reuters)
Over the past two weeks, the rupee has shown unusually narrow fluctuations against the U.S. dollar, prompting speculation that the Reserve Bank of India may be intervening to defend stability. After plunging to a record low of ~₹88.80 in late September, the currency’s volatility compressed sharply. Traders note that the RBI may be reverting to prior policy of forceful intervention to curb speculative pressure under evolving global trade risks. (Reuters)
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INR
RBI
INR
RBI
forex intervention
currency stability
India economy
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