RBI Sold $7.7 Billion In August To Curb Rupee Volatility: Here’s What It Means
Last Updated:October 21, 2025, 17:36 IST The net dollar sale in August stood at $7.69 billion, almost three times higher than in July, marking an aggressive intervention amid pressure on the domestic currency. The rupee weakened by 1.6% against the US dollar in August. The Reserve Bank of India (RBI) offloaded $7.7 billion in August…