Biggest gain for rupee in two months
Reflecting the buoyant sentiment triggered by a slew of measures announced by the government and the Reserve Bank of India (RBI) to attract foreign capital, the rupee recorded its biggest single-day gain in two months on Friday. The domestic currency strengthened by 85 paise to close at 94.94 against the US dollar, after touching an intra-day high of 94.88. The…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
