INR Slides to 85.9750—RBI’s ₹58.81 Billion Refinance Signals Liquidity Jitters

Unknown Apr 02, 2026 800 Views

The Indian Rupee opened 0.2% weaker at 85.9750 per US dollar on July 15, down from its previous close of 85.81. The dip marks a two-week low, driven by corporate dollar demand and equity-related outflows, even as regional currencies showed resilience. Liquidity Pulse: RBI’s M...