RBI Measures Bolster Rupee Against External Pressures
The Reserve Bank of India (RBI) has introduced new measures to stabilize the Indian Rupee against rising crude oil prices and higher U.S. Treasury yields.
Inflows from Foreign Currency Non-Resident Bank deposits have helped boost the rupee, accompanied by capital-account reforms targeted for 2026.
The steps aim to defend currency stability and enhance foreign reserves, directly affecting the forex environment for Pound Sterling vs Indian Rupee.