![RBI Intervenes in Forex Market to Stabilize Rupee Amid Rising Us Treasury Yields By Investing.com RBI Intervenes in Forex Market to Stabilize Rupee Amid Rising Us Treasury Yields By Investing.com](https://shmi.ir/wp-content/uploads/2023/10/1696447310_RBI-Intervenes-in-Forex-Market-to-Stabilize-Rupee-Amid-Rising-150x203.jpg)
[ad_1] © Reuters. The Reserve Bank of India (RBI) has stepped into the forex market this Wednesday, potentially employing a Sell Buy Swap strategy to stabilize the rupee, which has been under pressure due to soaring US Treasury yields. This move comes as the US Treasury yields reached a peak of 4.88%, according to information