Rupee recovers 15 paise from all-time low to close at 87.65 against US dollar https://www.taxtmi.com/news?id=51172 Suspected Reserve Bank intervention around 87.75/USD, together with an equity recovery, was credited with stabilising the rupee near 87.65/USD; the report also emphasises the RBI's use of weekly Variable Rate Reverse Repo (VRRR) auctions to withdraw surplus liquidity and align money-market rates with policy, while external tariff announcements and risk-off sentiment continue to exert exchange-rate pressure. en-us Thu, 31 Jul 2025 21:16:03 +0530 Thu, 31 Jul 2025 21:16:03 +0530 TaxTMI RSS Generator Rupee recovers 15 paise from all-time low to close at 87.65 against US dollar https://www.taxtmi.com/news?id=51172 Suspected Reserve Bank intervention around 87.75/USD, together with an equity recovery, was credited with stabilising the rupee near 87.65/USD; the report also emphasises the RBI's use of weekly Variable Rate Reverse Repo (VRRR) auctions to withdraw surplus liquidity and align money-market rates with policy, while external tariff announcements and risk-off sentiment continue to exert exchange-rate pressure. News - Thu, 31 Jul 2025 21:16:03 +0530 https://www.taxtmi.com/news?id=51172