Hot Topics

Newsletter
Facebook Twitter Youtube Instagram Pinterest
Business

RBI intervenes to support rupee as oil prices, dollar demand rise: Report

Socialblize is your trusted destination for the latest news, trending stories, and insightful updates from India and around the world. We are committed to delivering fast, accurate, and unbiased news that keeps you informed every day.

manage-system-user
August 25, 2026
0

The Reserve Bank of India likely intervened in foreign exchange markets. Elevated oil prices and corporate dollar demand pressured the rupee. State-run banks offered dollars, indicating central bank action. The rupee remained range-bound for two weeks due to sustained intervention. Geopolitical tensions and equity market weakness also impacted the currency.

Tags :
Banking Breaking News Business Business News Corporate

manage-system-user

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent News

About Us

Socialblize is your trusted destination for the latest news, trending stories, and insightful updates from India and around the world. We are committed to delivering fast, accurate, and unbiased news that keeps you informed every day.

Email Us: info@socialblize.com

Contact: +91-7976784661

Facebook Twitter Youtube Instagram Pinterest

Quick Link

Top categories

Business

Lifestyle

Sports

Technology

Tags

AI Artificial Intelligence Banking Breaking News Business Business News Corporate Cricket Current Affairs Cyber Security Digital Technology Economy Finance

Socialblize @2026. All Rights Reserved.