RBI intervenes in forex market, boosting the rupee to its strongest level in two weeks at 95.6425 per dollar.
The Reserve Bank of India likely
intervened in the foreign exchange market on Tuesday, four
traders told Reuters, helping the South Asian currency build on
a fast paced rally sparked by central bank dollar sales and
slumping oil prices.The rupee was up 0.3 per cent on the day at 95.6425 per
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The Reserve Bank of India likely intervened in the foreign exchange market to shore up the rupee ahead of the local spot…
RBI's intervention boosts rupee, rising to 95.99 per US dollar after hitting a low of 96.30 earlier.
RBI likely intervened to stabilize the rupee amid rising crude prices and geopolitical tensions, traders report.
RBI intervenes in markets to support the rupee as it faces pressure from rising oil prices, traders report.
The Indian rupee experienced a significant rebound on Tuesday, intensifying to its strongest position in two weeks. The decline…
The Indian rupee strengthened to close above 96 per dollar for the first time in a week, following aggressive interventions by…
