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The RBI sold a net $8.94 billion in the spot forex market in April to defend the rupee, which had hit a record low of 96.96 per dollar. Its monthly bulletin also showed gold holdings unchanged at 880.52 tonnes.
Central bank dollar sales limit rupee depreciation, which moderates the local-currency cost of dollar-priced feed and grain imports.
thehindubusinessline.comReutersJun 22, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
