RBI’s February Forward Charge: Dollar Sales Spark Rupee Revival in Tariff-Tossed Markets

Unknown Apr 02, 2026 1 Views

In February, the Reserve Bank of India (RBI) escalated its forward dollar sales and increased its efforts to support the rupee from depreciation due to greater volatility resulting from recent U.S. tariffs. The RBI’s most recent data indicate that net outstanding forward dollar sales rose t...