Traders with knowledge of the matter have indicated that the Reserve Bank of India is selling US dollars to support the rupee, which declined to a record low on Friday. The traders requested anonymity as they are not authorized to speak publicly. The USD/INR exchange rate climbed by 0.3% at one point, reaching an all-time high of 92.9400. According to the traders, the central bank's dollar-selling intervention was concentrated around the 92.93–92.94 range. A spokesperson for the Reserve Bank of India has not yet responded to an email seeking comment. India's foreign exchange market resumed trading on Friday following a public holiday the previous day. On Thursday, oil prices surged significantly after a missile attack by Iran damaged the world's largest liquefied natural gas plant in the Ras Laffan Industrial Area of Qatar.