Rupee Rises, But Liquidity Tells a Different Story—Inside RBI’s July 21 Operations

Unknown Apr 02, 2026 1,050 Views

The rupee began slightly stronger at 86.2450 against the US dollar on July 22, 0.06 percent above the last close of 86.2925. The appreciation indicates bullish caution in the background of tight liquidity and aggressive central bank intervention in the market. Key Takeaways of RBI&...