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The Economic Times

Markets / The Economic Times

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RBI likely intervened before market open to support rupee: Traders

The Indian central bank likely intervened before Monday's local spot market opening, preventing the rupee from nearing record low levels. Traders reported the central bank's actions helped shore up the currency to 91.77 per dollar, a gain of 0.2% from Friday's close. This intervention appears aimed at preventing a fall below the 92 mark.

2 Feb 2026 9:09 am