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Rupee at 2-month high on FCNR (B) deposit inflows, RBI intervention
The rupee closed below 95 on Tuesday, a two-month high of 94.95 per US dollar, buoyed by robust Foreign Currency Non-Resident (Bank)/ FCNR (B) deposit inflows under the RBI’s concessional swap facility and apparent RBI intervention amid fresh tensions in West Asia that sent crude oil prices higher
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thehindubusinessline.com
Rupee rises 26 paise to close at 95.17 against US dollar
The rupee gains 26 paise to close at 95.17 against the US dollar, bolstered by RBI intervention and strong forex inflows.
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RBI intervention, dollar flows push rupee to two-month peak
The currency ended at 94.9500, up 0.2% from the previous close, notching its third consecutive daily rise.
