![RBI’s aggressive greenback gross sales propel rupee restoration RBI’s aggressive greenback gross sales propel rupee restoration](https://i1.wp.com/media.assettype.com/nationalherald%2F2022-10%2F187c190f-3cd1-4644-9b97-5ed012e5fff0%2Frupee.jpeg?rect=0%2C0%2C1200%2C630&w=1200&ar=40%3A21&auto=format%2Ccompress&ogImage=true&mode=crop&enlarge=true&overlay=false&overlay_position=bottom&overlay_width=100&w=600&resize=600,400&ssl=1)
RBI’s aggressive greenback gross sales propel rupee restoration
Secondly, the RBI could also be seeking to include speculative buying and selling that has led to sharp fluctuations within the rupee’s worth, with the foreign money swinging between Rs 86.50 and practically Rs 88 per greenback over a brief span. In the meantime, liquidity circumstances within the banking system, which had been in a…