PoliticsJuly 30 at 03:47 AM

RBI reportedly sold some USD 7bln on Friday (24th July) to defend the INR; the largest direct intervention in months, sources say

StockNow breaking-news AI analysis

The RBI sold $7 billion on July 24 to defend the rupee near the 96.00 level as inflation hit 4.38% and economic growth slowed amid Middle East tensions.

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