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Rupee bounces from day's low on RBI support
The Indian rupee saw a slight recovery on Wednesday, closing at 94.66 against the dollar after touching an intraday low. State-run banks intervened, likely for the RBI, to curb further depreciation. This weakness stemmed from a strengthening dollar index, fueled by expectations of a US Federal Reserve interest rate hike later this year, pushing the DXY to a 13-month high.
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hindustantimes.com
Rupee falls 6 paise to 94.69 against US dollar in early trade amid Fed rate worries
At the interbank foreign exchange, the rupee on Tuesday opened at 94.73 against the US dollar before rising to 94.69, down 6 paise from its previous close. | Business News
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theprint.in
Rupee falls 13 paise to settle at 94.76 against US dollar
Mumbai, Jun 23 (PTI) The rupee declined 13 paise to close at 94.76 against the US dollar on Tuesday, weighed down by a firm greenback and weak domestic markets. However, a decline…
