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Rupee hits 1-month closing high despite RBI repo rate pause; sliding crude oil prices help
The rupee strengthened to a one-month high on Wednesday, supported by lower crude oil prices. However, gains were trimmed after the Reserve Bank of India delivered its widely anticipated decision to keep policy rates unchanged.
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economictimes.indiatimes.com
Rupee climbs to one-month peak of 95.13 vs USD on oil slump, stronger inflows
The Indian rupee reached a one-month high as oil prices declined and foreign inflows increased. The Reserve Bank of India is expected to maintain current interest rates this…
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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…
