EconomyIndia’s central bank sold at least $8 billion last week to support rupee, bankers say
The Reserve Bank of India intensified its foreign-exchange intervention last week, selling at least $8 billion to support the rupee, according to six bankers. A surge of policy-driven dollar inflows gave the central bank more room to back the currency.
India’s central bank sold at least $8 billion last week to support rupee, bankers say
