The Indian rupee hit a record low against the dollar on Thursday, pressured by dollar demand linked to the maturity of non-deliverable forward positions and corporate hedging, while the central bank likely intervened to hold it above the psychologically significant 92 level. The rupee ended the session at 91.9550 per dollar, down 0.2% from its […]
The Reserve Bank of India (RBI) has once again resorted to heavy intervention to strengthen the rupee past the 90/dollar mark after a dip at the open, six traders said on Wednesday. An intervention by the Reserve Bank of India (RBI) strengthened rupee past the 90/dollar mark on Wednesday, 7 January 2026. (Reuters) The rupee […]