RBI steps in with $30 billion to steady the rupee at ₹90

Business Dec 22, 2025

The Reserve Bank of India (RBI) spent about $30 billion from June to October 2025 to stop the rupee from sliding further, after it hit worrying lows and sparked fears about rising prices and expensive imports.

Why does this matter?

The RBI's move helped set a key support level at ₹90 per dollar, calming markets and making things a bit more predictable for everyone—from travelers to investors.
On December 17, their intervention even gave the rupee its biggest one-day boost in seven months.

What caused all this?

A mix of high demand for imports, foreign investors pulling money out, and ongoing US-India trade tensions pushed the rupee down by 6.5% this year.
The RBI's action was crucial in keeping things from getting worse.