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Rupee posts biggest daily gain in 2 months, closes at 94.94 vs USD as RBI ramps up currency defence
The rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging FX exposure, plunged to 2.67 rupees, the lowest this financial year, down from 2.85 rupees.
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economictimes.indiatimes.com
Rupee closes at 95.78 vs USD ahead of crucial central bank rate review
The Indian rupee declined for a second day ahead of the Reserve Bank of India's monetary policy review, with traders anticipating measures to support the currency. The rupee's…
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thehindubusinessline.com
Rupee rises 81 paise to close at 94.93 against US dollar post RBI policy decision
The rupee rises 81 paise to 94.93 against the US dollar following RBI's supportive policy decisions to enhance forex liquidity.
