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The Economic Times

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Indias rupee defence raises question of how far RBI will go

The Reserve Bank of India implemented strong measures to stabilise the rupee as external pressures intensify. This includes opening a dollar window for state-owned oil refiners and introducing a new reserve requirement for foreign-exchange derivatives. Analysts expect the rupee to rally but caution that sustaining those gains may be difficult due to high oil prices and foreign fund outflows.

11 Oct 2026 11:29 am