On Tuesday, the Indian rupee achieved its strongest close in nearly two months, settling at 94.95. Factors such as dollar offers and central bank interventions via nationalized banks played a key role in this upward movement. Additionally, the robust Q1 GDP growth and Reserve Bank dollar sales contributed to its recovery.
On Tuesday, the Indian rupee achieved its strongest close in nearly two months, settling at 94.95. Factors such as dollar offers and central bank interventions via nationalized banks played a key role in this upward movement. Additionally, the robust Q1 GDP growth and Reserve Bank dollar sales contributed to its recovery.
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