<div id="readability-page-1">Heavy dollar intervention: The RBI is selling $800 million to $2 billion daily to moderate the rupee’s nearly 8% decline this year. Multiple economic pressures: High oil prices, rising U.S. Treasury yields, and geopolitical uncertainty are straining India’s currency and affecting trade flows. Liquidity support moves: The central bank announced repo auctions and a USD/INR swap to ease liquidity pressures while defending the rupee.</div>

<p>The RBI is intervening heavily in the currency market, selling $800 million to $2 billion daily to counter the rupee's nearly 8% decline this year. Factors such as high oil prices, rising U.S. Treasury yields, and geopolitical uncertainty are impacting the rupee. To support liquidity, the central bank has announced repo auctions and a USD/INR swap.</p>

RBI boosts daily dollar sales to slow rupee fall