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RBI ANNOUNCES ₹2 LAKH CRORE BOOST AMID RUPEE PRESSURE

Hindustan Times Mumbai

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December 24, 2025

In a surprise move, the Reserve Bank of India (RBI) on Tuesday said it will ramp up liquidity operations next week and in January with large-scale open market operations (OMOs) of ₹2 lakh crore and a dollar-rupee buy/sell swap auction of $10 billion, amid tight systemic liquidity and sustained pressure on the rupee.

- Subhana Shaikh

The intervention, double the size of similar operations announced earlier in December, comes as liquidity is expected to remain stretched going into the new year.

The rupee, which traded at ₹89.56 to a dollar on 1 December, fell to ₹90.19 two days later and hit a record low of ₹91.07 on 17 December, according to Bloomberg data. It ended at ₹89.6 on Tuesday.

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