Rupee Slide Puts Spotlight on Limits to India’s Currency Defense

currency,emerging-markets,brics,government,bonds,fixed-income

Bhaskar Dutta

Pratigya Vajpayee

RBI’s Net Short USD Book Rises in October for Second Month

Bloomberg Profile

RBI Sees Rupee Under Speculative Attack, Will Intervene Further

Company Overview

Trump, Modi Speak as US-India Trade Talks Inch Forward (4)

Currency

India

Asia

Reserve Bank

Stocks

Bonds

Debt

Imports

Mumbai

Markets

Finance

Great Britain

Politics

Government

Europe

Emerging Markets

Americas

BRICS

Fixed Income

Indian Politicians

Megacity

Banking

Emerging Markets Economics

United States

Global Trade

United Kingdom

The Indian rupee’s rapid slide to successive record lows in recent weeks has analysts debating why the central bank has refrained from intervening more forcefully to support the currency.

Indian Rupee Tests Series of Record Lows

Rupee 

INR/USD: Rupee's Rapid Slide Puts Focus on Limits to India's Currency Defense

Bloomberg subscribers can save articles and view them from any device.

Upgrade to an unlimited subscription to save articles and view them from anywhere.

Bloomberg subscribers can send up to {count} articles a month to anyone to read for free, including non-subscribers.

Upgrade your subscription to send up to {count} articles a month to anyone to read for free, including non-subscribers.

Copy article link

Hello,<p>A Bloomberg.com subscriber thought you might want to read this story. To read it, all you need to do is click on the link – no subscription necessary. (Please note the link will only be valid for {days} days.)

Email article link

Please try again. If the problem persists, please contact customer support.

Something went wrong

We've doubled your gift articles this month. Share up to {count} articles with friends, family or colleagues.

As a subscriber, you can gift up to {count} articles this month. The recipient can read the full article for free – no subscription necessary.

As a subscriber, you can gift up to {count} articles each month. The recipient can read the full article for free – no subscription necessary.