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Rupee ekes out first quarterly gain in five on oil drop, policy salvo

The Indian rupee achieved its first quarterly gain since March 2025, buoyed by falling oil prices and policy efforts to attract dollar inflows. Despite a slight dip on Tuesday, the currency showed resilience, recovering from record lows. Analysts anticipate a stronger growth forecast for India, though importers' demand and central bank reserve rebuilding may limit further rupee appreciation.

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Economic TimesLean R·2h ago
Rupee ekes out first quarterly gain in five on oil drop, policy salvo
The Indian rupee achieved its first quarterly gain since March 2025, buoyed by falling oil prices and policy efforts to attract dollar inflows. Despite a slight dip on Tuesday, the currency showed resilience, recovering from record lows. Analysts anticipate a stronger growth forecast for India, though importers' demand and central bank reserve rebuilding may limit further rupee appreciation.
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Rupee ekes out first quarterly gain in five on oil drop, policy salvo

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Rupee ekes out first quarterly gain in five on oil drop, policy salvo

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