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Firm RBI intervention to support rupee; bonds to track its moves
short by / on Monday, 22 December, 2025
The rupee is likely to stay supported this week by firm Reserve Bank of India intervention, tempering its negative bias, while bond yields will track the central bank's moves and offshore flows. The rupee jumped above 90 per US dollar late on Friday after the RBI stepped up intervention, ending the week up more than 1% at 89.27.