EconomyIndia has spent half of $140 billion FX haul defending rupee, bankers estimate
India has used about half of the more than $140 billion it raised through special measures earlier this year to support the rupee, bankers estimate. The spending highlights pressure on the currency and the central bank’s resolve to reverse its slide.
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Reuters★★★☆☆2026-10-15 09:15Original
India has spent half of $140 billion FX haul defending rupee, bankers estimate
Economy