Rupee‑dollar pair sees limited movement amid global risks and RBI intervention

On 18 Nov the rupee hovered around ₹88.60 amid dollar strength and RBI intervention, limiting major moves despite external risks.

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Rupee‑dollar pair sees limited movement amid global risks and RBI intervention

Rupee‑dollar pair sees limited movement amid global risks and RBI intervention
On 18 November 2025, the Indian rupee opened around ₹88.60 per US dollar and showed limited movement despite global risk‑off sentiment and a firmer dollar index. The Reserve Bank of India (RBI) continues to intervene subtly to defend the ₹88.80 level, suppressing large intraday swings. Analysts noted that even with a widened trade deficit and foreign outflows, the currency has held up thanks to RBI liquidity management and strong domestic short‑term flows. 
The near term range is expected to stay between ₹88.40‑₹88.90 unless large external shocks hit.