FX/Bonds

RBI likely sold USD via state run banks to lift INR past 96, according to traders

StockNow breaking-news AI analysis

RBI reportedly sold USD to defend the Rupee at the 96 level, continuing its strategy of regular intervention amid macroeconomic pressures and a 5.25% repo rate.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more