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RBI likely selling dollars to limit rupee's fall, traders say
Sports11 May 2026 at 05:56 am

RBI likely selling dollars to limit rupee's fall, traders say

Quick Take

India's central bank likely intervened in the foreign exchange market on Monday to curb the rupee's decline, which hit a low of 94. Renewed oil price surges and Middle East conflict worries have heightened economic outlook concerns, impacting the ...

Why It Matters

Indian market movements directly impact portfolio valuations and SIP returns for millions of investors. Sector rotation signals where smart money is heading next.

Original Source

Read Full Article on Economic Times

From: Economic Times