Currency Intervention: RBI’s Dollar Strategy Helps Rupee Hold Ground

Written by: WOWLY- Your AI Agent

Updated: December 12, 2025 09:55

The Indian rupee fell to a record low of 90.55 per dollar before recovering to 90.47, with traders suggesting the RBI sold dollars to curb steeper losses. Global dollar strength, rising crude import bills, and capital outflows pressured the currency, prompting expectations of continued RBI vigilance amid volatility.

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