Rupee Rallies as RBI’s $40B Forex Arsenal and Crude Slump Defy Global Headwinds

India's rupee just enjoyed its best week in four months, surging to ₹95.38 per dollar as a potent cocktail of central bank muscle, softening crude prices, and a weaker greenback turned the tide. This wasn't just a relief rally—it was a calculated display of firepower from the RBI.

Trade Routes

• Global Oil Markets: Brent crude slipped toward $92 per barrel, giving India's import-dependent economy critical breathing room after months of pressure from Middle East...