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Event Brief

RBI Defends Rupee Amid Market Turmoil

RBI spends over $20bn in foreign reserves to stabilize the rupee amid economic pressures.
WHO: Reserve Bank of India
WHAT: Defending the rupee
WHEN: Mar 19, 2026 at 5:00 PM ET
WHERE: India
WHY: To counteract the economic impact of the Iran war fallout.
Sources (1): Financial Times

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