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Rupee dented by oil price jump, equity weakness; likely RBI intervention caps losses
Uncertainty over the next chapter in the US-Iran war has also injected significant complexity in the Reserve Bank of India’s monetary policy decision due on Friday
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thehindubusinessline.com
RBI’s intervention contains rupee's fall, shrinks dollar-rupee forward premiums
Despite the interventions, traders reckon the pressure on the rupee will persist in the near term as capital flows remain weak and uncertainty over the Middle East conflict…
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RBI likely intervenes to limit rupee's fall, traders say
RBI likely intervened to stabilize the rupee amid rising crude prices and geopolitical tensions, traders report.
