#Central Bank

Business

RBI steps up defence as rupee battles geopolitical headwinds

The RBI sold a net $8.94 billion in April to protect the rupee amid geopolitical tensions and foreign outflows, marking a record year of intervention for the bank.

By Rohan Gupta · 3 hours ago

Business

Behind the RBI’s $9 Billion Shield: The Hidden Cost of Stabilising the Rupee

The RBI spent nearly $9 billion in April to steady the rupee. Explore the impact of this intervention on foreign exchange reserves and the broader Indian economy.

By Arjun Mehta · 3 hours ago