RBI spent around ₹2.7 lakh crore ($30 billion) to help soften the fall of the Indian rupee over past few months, SBI Research reported. "RBI has intervened around $18 billion in the forex market during June-September, and we've estimated...another $10 billion in October 2025," SBI Research said. Despite the central bank's intervention, the rupee continued tumbling to new record lows.