RBI spent $12 billion to not let Re breach 89 level in October
The RBI sold a net $11.9 billion in October 2025 to stabilize the rupee, actively intervening in spot and forward markets. Gross dollar sales surged to $29.6 billion, indicating strong efforts to counter rupee pressure and prevent it from falling below 89 per dollar.
The RBI sold a net $11.9 billion in October 2025 to stabilize the rupee, actively intervening in spot and forward markets. Gross dollar sales surged to $29.6 billion, indicating strong efforts to counter rupee pressure and prevent it from falling below 89 per dollar.
