RBI in Action: The Master Plan in Place to Halt the Rupee Fall
The rupee’s slide is not a three-month old story from the West-Asia conflict, as some would believe. It’s a sad story that continued to frustrate policy makers despite repeated intervention attempts to curb the slide ending in vain. The rupee fell from 85 in mid-2025 to 90 against the US dollar when the war began in the Middle East. The war further escalated the fall as the rupee fell to a record low of 96.80 on May 20, 2026. According to news reports, the fall from 90-95 has been the fastest decline in nearly a decade, according to a Money Control report. Concerned by the non-stop decline, the Reserve Bank of India (RBI) is contemplating a series of measures to help stabilize the rupee.
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