#currency defense

India’s Central Bank Sells $7 Billion to Defend Rupee in Friday Intervention

The Reserve Bank of India intervened aggressively on Friday, selling about $7 billion to defend the Indian rupee against the U.S. dollar,…

Philippines BSP Intervened 'Small Way' to Defend Peso, Governor Says

Philippines central bank intervened modestly to support the peso, Governor Remolona said, as the USD/PHP pair tests multi-month highs amid broad dollar…