India’s rupee defence raises question of how far RBI will go
- Posted on October 11, 2026
- By Business News Today
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- 1 min read
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India’s rupee defence raises question of how far RBI will go
The Reserve Bank of India implemented strong measures to stabilise the rupee as external pressures intensify. This includes opening a dollar window for state-owned oil refiners and introducing a new reserve requirement for foreign-exchange derivatives. Analysts expect the rupee to rally but caution that sustaining those gains may be difficult due to high oil prices and foreign fund outflows.
