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Joined: Feb 2001
Posts: 381,904
Launch Director
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Launch Director
Joined: Feb 2001
Posts: 381,904 |
The Indian rupee rebounded strongly, gaining 151 paise to 93.19 against the US dollar after the Reserve Bank capped banks' net open positions. Despite this regulatory intervention, underlying pressures from foreign fund outflows, a firming dollar, and high crude oil prices persist, impacting equity markets as well. Source: Rupee climbs 151 paise to reach 93.19 against US dollar
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Entire Thread
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Rupee climbs 151 paise to reach 93.19 against US dollar
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