The Indian rupee strengthened to a six-week high, buoyed by falling Brent crude prices below $80 a barrel and supportive central bank measures. Recent steps to attract dollar inflows, including tax removal on bond investments, have seen significant overseas investor participation. The rupee is expected to continue its upward trend amid optimism and anticipated inflows.
The Indian rupee strengthened to a six-week high, buoyed by falling Brent crude prices below $80 a barrel and supportive central bank measures. Recent steps to attract dollar inflows, including tax removal on bond investments, have seen significant overseas investor participation. The rupee is expected to continue its upward trend amid optimism and anticipated inflows.
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