RBI is defending the rupee at 95.45 against the US dollar through active intervention
GK and monthly revision
Rupee faces pressure as RBI defends 95.45 against dollar amid rising crude oil prices
The Reserve Bank of India is actively intervening to defend the rupee at the 95.45 level against the US dollar amid heightened dollar demand from oil importers due to rising crude oil prices triggered by the West Asia crisis. The FCNR(B) deposit scheme's final phase may provide temporary support to the currency. This development highlights RBI's exchange rate management strategy and the impact of geopolitical tensions on India's external sector, a key topic for economy and current affairs sections in competitive exams.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
Rising crude oil prices due to West Asia crisis increasing dollar demand from oil importers and companies
FCNR(B) deposit drive in its final stretch may offer short-term rupee support
Rupee trajectory depends on RBI intervention intensity and cooling of global oil prices
Geopolitical tensions in West Asia directly impacting India's import bill and forex reserves
How to study
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Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
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