The Indian rupee strengthened against the U.S. dollar in the European session on Monday, amid increasing anticipation of more Reserve Bank of India (RBI) intervention in foreign exchange markets.Earlier in the day, RBI Governor Sanjay Malhotra said in an interview to Mint that the central bank is prepared to step in to stop one-way, disproportionate moves against the domestic currency.Malhotra's c...
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.