India · English
Rupee Gains 10 Paise To 96.65, Likely RBI Intervention Cushions Currency
Mumbai: The Indian rupee strengthened 10 paise to 96.65 against the US dollar in trading, with likely Reserve Bank of India intervention helping contain pressure on the currency, forex traders said. At the interbank foreign exchange market, the rupee opened at 96.71 before recovering to 96.65. It had settled at 96.75 against the dollar on Wednesday. Despite the improvement, the currency remained…
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