Rupee hits one-week high as RBI moves to stem in fall
The Indian rupee surged to a one-week high Friday, boosted by Reserve Bank of India's strategic moves to curb dollar demand from state-run oil refiners. By urging them to use a special credit line, the central bank aims to stabilize the currency against global pressures.
The Indian rupee surged to a one-week high Friday, boosted by Reserve Bank of India's strategic moves to curb dollar demand from state-run oil refiners. By urging them to use a special credit line, the central bank aims to stabilize the currency against global pressures. What's Your Reaction?
