India’s Central Bank Sold $7 Billion in a Day to Stop the Rupee’s Slide
The Reserve Bank of India (RBI) bought about $7 billion final Friday to defend the rupee, Bloomberg reported, citing folks accustomed to the matter. The rupee traded at 95.6 per greenback on Thursday, about 1.4% from its document low. The forex has fallen 5.87% in opposition to the greenback in 2026. Indian Rupee’s Performance Against…
