Economic TimesLean R·
Rupee ends nearly flat as traders remain glued to oil moves, RBI caps fall
The Indian rupee showed little change after reaching a two-month low in early trading. Crude oil prices significantly impacted the currency's movement, leading to a brief decline. Dollar sales by state-run banks helped contain the rupee's drop earlier in the day. As Brent oil prices decreased, the rupee managed to close nearly flat at 95.98. Investor focus remains on future US economic data and its implications for interest rates.
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