
How Far Will the RBI Go to Defend the Rupee? The $80 Billion Question | Indian Express Special
The Reserve Bank of India (RBI) is aggressively intervening to stabilize the rupee, which has faced significant downward pressure amid a persistent trade deficit and global economic volatility. To combat this, the central bank has implemented a multi-pronged strategy: raising the policy repo rate to 5.5%, introducing a...




