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Rupee soars to best day in nearly two months, closes at 95 vs USD as RBI steps in, oil drops
The rupee saw a significant jump on Friday, its best single-day gain in two months. This surge was driven by likely intervention from the central bank and a drop in oil prices. The rupee ended the session at 95 per dollar. Investors are now focused on the Reserve Bank of India's monetary policy decision on June 5.
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thehindubusinessline.com
Weekly Rupee View: Rupee eyes stability
Rupee stabilizes at 95.69 amidst easing geopolitical tensions and lower crude prices, with key resistance at 95 and support at 96.25.
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economictimes.indiatimes.com
Traders keep focus on oil prices, RBI moves as rupee treads water
The Indian rupee remained stable on Wednesday, supported by central bank intervention in spot and forward markets. Dollar sales from state-run banks prevented a significant fall,…
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RBI likely intervened to shore up rupee, traders say
The Reserve Bank of India likely intervened in the foreign exchange market to shore up the rupee ahead of the local spot market open on Friday, five traders told Reuters.
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Rupee soars to best day in nearly two months as central bank steps in, oil drops
The rupee ended the session at 95 per dollar, up 0.7% from the previous session, its best day since April 2
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Rupee soars to best day in nearly two months, closes at 95 vs USD as RBI steps in, oil drops
The rupee saw a significant jump on Friday, its best single-day gain in two months. This surge was driven by likely intervention from the central bank and a drop in oil prices.…
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Rupee closes at 95 against dollar on its best day since April 2
The rupee strengthened significantly on Friday, closing at 95.00 to the dollar, its best performance since April 2. This rise was attributed to central bank intervention, a…