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Rupee logs best day in over 6 weeks as RBI intervention magnifies oil slump impact
On Monday, the Indian rupee experienced its most remarkable trading day in over six weeks, thanks to decisive actions from the central bank and a notable decrease in oil prices. Opening at 96.1475, it surged to a high of 95.7950. The decline in oil prices was further fueled by a cessation of military attacks between the U.S.
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economictimes.indiatimes.com
Rupee hits day’s low against US dollar, recovers on RBI support
The Reserve Bank of India's interventions prevented the rupee from falling to a new record low. State-run banks sold dollars, and foreign investor inflows aided the currency's…
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Rupee logs best day in over 6 weeks as RBI intervention magnifies oil slump impact
On Monday, the Indian rupee experienced its most remarkable trading day in over six weeks, thanks to decisive actions from the central bank and a notable decrease in oil prices.…
