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Rupee jumps most in 7 months after RBI intervention
short by Daisy Mowke / on Wednesday, 17 December, 2025
Heavy intervention by the Reserve Bank of India (RBI) helped the Indian rupee stage its strongest intraday recovery in seven months on Wednesday. RBI intervened aggressively in currency markets on Wednesday, selling dollars to prop up the rupee, bankers said. At 09:40 am, rupee was trading at 90.0963 against US dollar, as compared to 91.0762 at open.
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