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Fadingforex

RBI Intervenes to Support Rupee Amid NDF Maturity Pressures

First Detected: May 29, 2026, 11:44 AM

Last Update: 6 days ago

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Event Summary

On May 29, the Indian central bank intervened in the foreign exchange market to support the rupee. The rupee is under downward pressure due to the maturities of Non-Deliverable Forward (NDF) contracts.

RBI Intervenes to Support Rupee Amid NDF Maturity Pressures

Event Summary

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