INR/USD: India Central Bank Sold About $7 Billion to Defend Rupee on Friday

INR/USD: India Central Bank Sold About $7 Billion to Defend Rupee on Friday

India’s central bank sold about $7 billion to defend the rupee last Friday, in what was one of its largest direct interventions in months, according to people familiar with the matter.

India’s central bank sold about $7 billion to defend the rupee last Friday, in what was one of its largest direct interventions in months, according to people familiar with the matter.
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Bloomberg — Markets (EN)




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