RBI sells USD 14.9 billion to check rupee volatility during Jan-May

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Economy

4 August 2026 at 1:52 am

RBI sells USD 14.9 billion to check rupee volatility during Jan-May

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Summary

The Reserve Bank of India sold USD 14.9 billion between January and May to manage rupee volatility, while banks are working to recover written-off loans, and gold loan defaults have significantly decreased.

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