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National News

The Times of India News

National / The Times of India

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RBI spent $12 billion to not let Re breach 89 level in October

The RBI sold a net $11.9 billion in October 2025 to stabilize the rupee, actively intervening in spot and forward markets. Gross dollar sales surged to $29.6 billion, indicating strong efforts to counter rupee pressure and prevent it from falling below 89 per dollar.

23 Dec 2025 2:12 am