Rupee Slides 0.7% as Central Bank Sells $9.7 Billion in November
In November 2025, the Indian rupee weakened by 0.7% against major currencies. To control the fall, the Central Bank, the Reserve Bank of India (RBI), net sold $9.7 billion in foreign exchange. This was one of the biggest interventions in recent months. Such a move matters because it affects inflation, import costs, and market confidence.
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