India’s central bank has stepped up its interventions in offshore currency markets to defend the beleaguered rupee, according to people familiar with the development. The Reserve Bank of India has built up short dollar positions of at least $15 billion in the non-deliverable forwards market over the past two to three weeks, the people said, asking not to be identified discussing private matters. That marks a firm return to a segment in which the central bank had steadily reduced its presence over the past y ...

It is highly unusual for America to stand behind another country’s currency in the way it has intervened on the peso. We explain why it has done so https://t.co/oHv217cVLXPhoto: Reuters https://t.co/25TnPKVBSB ...

It is highly unusual for America to stand behind another country’s currency in the way it has intervened on the peso. We explain why it has done so https://t.co/6Dzxs75lpn ...

Currency Intervention - India's central bank sold at least $5 billion to support the rupee [1] - The intervention occurred as the rupee weakened towards a record low [1] Context - The action was taken this month [1]

Hong Kong authorities intervened for the fifth time in about three weeks to prevent the city’s currency from weakening beyond its official trading band https://t.co/zxeVFcrMKC ...

The Taiwan dollar slumped in a sudden move in late trading, following a pattern seen on Friday and fueling speculation the central bank intervened to curb strength in the currency https://t.co/JWdmSjZ6uq ...