🇮🇳 India
1h ago
Rupee logs 5th straight session of gain; closes 12 paise higher at 95.05 against US dollar
Source ↗
👁 0
💬 0
Mumbai: The rupee logged the fifth straight session of gains on Thursday, appreciating 12 paise to close at 95.05 (provisional) against the US dollar, supported by the ongoing impact of the Reserve Bank of India's structural forex interventions.Market participants attributed the rupee's continued appreciation to central bank intervention and the unwinding of long dollar positions.However, ongoing external macroeconomic pressures are likely to temper further gains, they said.At the interbank fore
Comments (0)