The Indian rupee saw a modest appreciation on Thursday. This gain was driven by dollar sales from state-run banks. Easing crude oil prices also contributed to the rupee's strength. The currency closed at 95.39, strengthening by sixteen paise. Traders noted potential RBI intervention in currency markets.

Mumbai: The rupee strengthened by 43 paise to 94.97 against the US dollar, recording its sharpest single-session gain in three weeks, supported by lower crude prices, improved…

The Indian rupee closed stronger on Thursday, supported by central bank intervention. Lower oil prices also helped soothe Indian equities and bonds during trading. Asian…