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The Reserve Bank of India net sold $11.88 billion of dollars in October to support the rupee, according to its monthly bulletin. The rupee closed October at 88.7650 per dollar after hitting a record low of 88.80 in late September.
Net outstanding forward sales rose to $63.61 billion.
Heavy central bank dollar sales show the scale of intervention needed to defend the rupee, which signals ongoing pressure on import costs for Indian feed buyers.
marketscreener.comReutersDec 22, 2025Not 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.
