RBI intervenes to stabilize rupee against dollar

7 Nov 2025 · 07:14 ISTpre-market1 source ↓written by the desknot a recommendation

the rupee: 88.80

India’s central bank sold dollars to maintain the rupee at 88.80, countering strong demand from importers and investors. Despite this intervention, ongoing dollar demand driven by oil payments and gold imports may limit the rupee's recovery. Global markets are closely monitoring US economic signals, which influence currency movements.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 7 Nov 2025, 07:14 IST.

Sourcesnews.google.com

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RBI intervenes to stabilize rupee against dollar

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