The Reserve Bank of India actively intervened in the forex market, selling $8.944 billion in April to bolster the rupee. This follows similar actions in March, as the currency faced pressure from global tensions and investor outflows. However, the rupee showed signs of recovery in June, aided by policy measures and easing geopolitical concerns.
Business
RBI sold nearly $9 billion in forex spot market in April amid rupee pressure
- by The News Vista
- June 22, 2026
- 0 Comments
- Less than a minute
- 0 Views
- 2 hours ago

