RBI achieves these objectives by buying USD when the US Dollar is weaker and selling them when they are stronger. Between May 2020 and September 2021, when the USD was weakening, RBI bought around $158 billion in spot and onshore forwards.
Violent crypto attacks rise as criminals hunt bigger payouts
Physical attacks targeting cryptocurrency holders surged 33% globally in the first half of 2026, with losses soaring to $124 million. France emerged as the epicentre