USD/INR declines on possible RBI’s intervention into local spot market
Published 5 days ago
Nov 4, 2025 at 5:57 AM
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The Indian Rupee (INR) jumps to near 88.50 in the opening session against the US Dollar (USD) on Tuesday. The USD/INR pair faces a sharp selling pressure as the Indian Rupee strengthens on hopes that the Reserve Bank of India (RBI) has intervened in the currency market to support the Indian Rupee.