RBI's $12 Billion Rescue Mission for the Rupee

The Reserve Bank of India is on a dollar-selling spree, tossing around a whopping $12 billion to rescue the rupee from the clutches of a chaotic Middle East conflict. This wild ride has sent the rupee tumbling to record lows, but RBI's quick moves have given it a little boost. Still, the market is as unpredictable as ever!