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Rupee hits six-week high on RBI measures and dollar inflow hopes
The rupee extended its gains to close at 94.53 against the US dollar, supported by RBI measures to boost foreign currency inflows, softer crude prices and expectations of stronger FCNR-B deposit inflows. The currency touched a six-week high before trimming intraday gains.
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economictimes.indiatimes.com
Rupee hits five-week high after oil plunges; traders eye further rally
The Indian rupee strengthened against the U.S. dollar for a second day. This rise follows a drop in oil prices and measures by the Reserve Bank of India to attract foreign…
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Rupee extends winning streak to 3rd day, settles at 94.56 vs USD amid oil slide
The Indian rupee strengthened for a third consecutive session, gaining 15 paise to close at 94.56 per US dollar in a range-bound trade. The currency was supported by easing…
