Government and RBI unleash measures to bolster rupee and lift inflows

The Indian government and the Reserve Bank of India announced decisive steps to support the rupee. Officials described the measures as a “bazooka” to boost the currency. The actions are intended to attract greater foreign inflows. Policymakers hope the moves will stabilize exchange‑rate volatility. The interventions include adjustments to monetary policy tools. Market participants are watching the impact on capital flows. Analysts suggest the steps could improve investor confidence. Future data will reveal whether the strategy succeeds in strengthening the rupee.