RBI intervenes to stabilize the rupee at 95.6425 per dollar amid global uncertainties, traders report.
State-run banks were spotted offering dollars, most likely on behalf of the RBI.
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bl-online Administrator
The Reserve Bank of India likely
intervened in the foreign exchange market on Monday, five
RBI likely intervened to stabilize the rupee amid rising crude prices and geopolitical tensions, traders report.
RBI likely intervenes in forex markets, keeping rupee steady at 95.40 per dollar amid West Asia conflict uncertainties.
RBI intervenes in forex market, boosting the rupee to its strongest level in two weeks at 95.6425 per dollar.
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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…
