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Asia

Rupee logs best day in over 6 weeks as RBI intervention magnifies oil slump impact

Markets-Economic Times · 2h ago · 🇮🇳 India

Rupee logs best day in over 6 weeks as RBI intervention magnifies oil slump impact

On Monday, the Indian rupee experienced its most remarkable trading day in over six weeks, thanks to decisive actions from the central bank and a notable decrease in oil prices. Opening at 96.1475, it surged to a high of 95.7950. The decline in oil prices was further fueled by a cessation of military attacks between the U.S.

Read the full story at Markets-Economic Times →

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