Versuchen GOLD - Frei
RBI Intervenes to Stop Rupee's Fall to 88 Against Dollar
Mint Bangalore
|February 11, 2025
The rupee has emerged as the worst-performing Asian currency year-to-date against a stronger dollar
The rupee recovered from its all-time low on Monday after the Reserve Bank of India (RBI) likely intervened by selling dollars in the wake of US President Donald Trump's announcement of fresh tariff plans.
The rupee weakened to 87.99 against the dollar before closing lower at 87.4750.
According to traders, the rupee was supported by the central bank's strong intervention since the start of trade.
The RBI is likely to have sold at 87.95, bringing the rupee down to 87.64.
Diese Geschichte stammt aus der February 11, 2025-Ausgabe von Mint Bangalore.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Bangalore
Mint Bangalore
Govt weighs ₹500-cr push for battery storage testing
Reliance on Chinese imports, limited local testing raise supply chain and cyber security risks
3 mins
January 10, 2026
Mint Bangalore
How we will travel in 2026
2026 will be defined by glowcations, romantasy retreats and milestone missions, a word salad that indicates the coming together of culture, individual taste and technology
6 mins
January 10, 2026
Mint Bangalore
Airfares at 4-yr low on weak traffic; IndiGo cuts hit demand
lines—IndiGo, Tata-backed Air India group, Akasa Air and SpiceJet—operating a combined 550 aircraft during the quarter, 6% higher than the 518 aircraft operated a year ago.
1 mins
January 10, 2026
Mint Bangalore
Airfares hit four-year low on weak traffic; IndiGo crisis dulls demand
India's average domestic airfares hit a four-year low in the December quarter, an unusual outcome for a seasonally strong period, as traffic slowed through 2025 and demand weakened on non-metro routes.
1 min
January 10, 2026
Mint Bangalore
Jaipur's many sweet takes
A winter food walk through the bylanes of Pink City reveals rituals and craftsmanship
2 mins
January 10, 2026
Mint Bangalore
Defunct Udan airports cost govt nearly ₹900 cr
India's plan to connect its interior areas by air has run into heavy weather, with expensive infrastructure and commercial viability playing spoilsport while hundreds of crores are being spent to maintain airports where no planes are landing.
1 min
January 10, 2026
Mint Bangalore
Jewellery in India isn't just about the flex
A new book, 'Silver & Gold', is a reminder that jewellery has links to faith and culture in India
3 mins
January 10, 2026
Mint Bangalore
Merchant banks in Sebi squeeze as new rules kick in
and head of equity capital markets at Equirus Capital.
2 mins
January 10, 2026
Mint Bangalore
When women turned purdah to their advantage
In April 1937, the junior maharani of Alwar decided to “go joy riding in an aeroplane.”
5 mins
January 10, 2026
Mint Bangalore
What chefs can't wait to cook with in 2026
Fine-dining menus will see fresh action as ingredients like insect protein and seaweed inspire chefs to cook more responsibly
4 mins
January 10, 2026
Listen
Translate
Change font size