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Searched Tag: rupee volatility

The rupee declined 7 paise on Friday to settle at 89.43 (provisional) against the US dollar as crude oil prices rose in the international market

Rupee inches close to 90-mark against USD after 7-paise fall

November 28, 2025, 06:06 PM - 3 min read

The rupee declined 7 paise on Friday to settle at 89.43 (provisional) against the US dollar as crude oil prices rose in the international market

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The apex bank’s stated position is that it does not target any level or band for the rupee-dollar exchange rate, but intervenes in the forex market only when there is excessive volatility, to arrest the decline in value of the rupee against the American currency

RBI checked rupee volatility in Aug by selling off USD 7.7-bn

October 21, 2025, 05:12 PM - 1 min read

The central bank usually steps in to check rupee’s decline in value against the American currency by selling off its reserves of the US dollars

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