RBI Sees Rupee Under Speculative Attack, Will Intervene Further

BloombergWednesday, October 15, 2025 at 9:03:29 AM
RBI Sees Rupee Under Speculative Attack, Will Intervene Further
The Reserve Bank of India (RBI) has identified recent fluctuations in the rupee's value as a result of speculative attacks. In response, the central bank is ready to intervene in the market to stabilize the currency until it reaches a more favorable position. This is significant as it highlights the RBI's commitment to maintaining economic stability and protecting the value of the rupee amidst external pressures.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
India rupee falls to record low below 90, risks steeper slide without central bank help
NegativeFinancial Markets
The Indian rupee has fallen to a record low below 90, raising concerns about its stability and the potential for a steeper decline without intervention from the central bank. This drop is attributed to various factors, including capital outflows and the strength of the US dollar, which has been exacerbated by reduced expectations for a Federal Reserve rate cut.
Asia FX flat despite Fed cut bets; rupee hits record low amid foreign outflows
NegativeFinancial Markets
Asia's foreign exchange markets remained largely flat as expectations for a Federal Reserve interest rate cut in December grew, while the Indian rupee hit a record low amid significant foreign outflows. This situation reflects ongoing investor concerns regarding the economic outlook and currency stability in the region.