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Rupee’s recovery faces test
The rupee appreciated about 0.5 per cent, or 48 paise, over the past week to close at 95.38 against the dollar on Tuesday. The local currency continued to benefit from positive foreign inflows, a softer dollar and lower crude oil prices. The Reserve Bank of India’s (RBI) recent measures have also lent support
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thehindubusinessline.com
Rupee’s recovery faces test
The rupee appreciated about 0.5 per cent, or 48 paise, over the past week to close at 95.38 against the dollar on Tuesday. The local currency continued to benefit from positive…
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economictimes.indiatimes.com
Rupee hits one-month closing high as oil slide outweighs RBI pause
On Wednesday, the Indian rupee climbed to its highest point in a month, bolstered by a dip in crude oil prices that fueled early gains. Although the Reserve Bank of India's…
