Business2 sources·1h ago
Rupee closes at 94.93 per dollar after RBI policy decision, up 81 paise
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- The Hindu Business·2h agoRupee closes at 94.93 per dollar after RBI policy decision, up 81 paise
The rupee closed at 94.93 per U.S. dollar (provisional) after rising 81 paise. It opened at 95.72 in the interbank forex market, hit an intraday high of 94.89, and finished at 94.93 following the RBI policy decision.
Read on The Hindu Business - Economic Times Markets·3h agoRupee rallies as RBI strengthens currency defence, closes at 94.9450 per USD
The rupee strengthens by 0.9% to 94.9450 per dollar, its largest daily gain since April 2. Forward premiums drop to 2.67 rupees from 2.85 rupees, the lowest this financial year, reflecting reduced FX hedging costs as RBI steps up currency defence.
Read on Economic Times Markets