India is defining its tolerance for rupee weakness with the central bank’s strongest currency defense in more than a decade reinforcing 97 as the limit https://www.bloomberg.com/news/articles/2026-10-12/inr-usd-india-draws-line-in-sand-for-rupee-at-97-as-rbi-steps-up-defense?taid=6acc77660941d100015aca73&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter