The Indian rupee has fallen nearly 6% against the US dollar due to Middle East tensions, prompting the Reserve Bank of India to consider measures like interest rate hikes and attracting dollar inflows. Officials are exploring a foreign currency deposit scheme for NRIs and a potential sovereign dollar bond to stabilize the currency.
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Rupee under pressure: How RBI may try to stabilise the currency
- by The News Vista
- May 21, 2026
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- Less than a minute
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