Rupee jumps 1% as RBI curbs dollar demand
60-Word AI Digest
The rupee rallied nearly 100 paise or 1% to 95.77 against the US dollar on Monday, bouncing back from a near all-time low after the RBI clamped down on speculative currency trading. Rupee opened the day at 95.76 per dollar against previous close of 96.73 and appreciated to 95.5850 during the day.
Key Takeaways
- The rupee rallied nearly 100 paise or 1% to 95.77 against the US dollar on Monday, bouncing back from a near all-time low after the RBI clamped down on speculative currency trading.
- Rupee opened the day at 95.76 per dollar against previous close of 96.73 and appreciated to 95.5850 during the day.
- Full details and original dispatch available below.
The rupee rallied nearly 100 paise or 1% to 95.77 against the US dollar on Monday, bouncing back from a near all-time low after the RBI clamped down on speculative currency trading. Rupee opened the day at 95.76 per dollar against previous close of 96.73 and appreciated to 95.5850 during the day.
Original Publisher Attribution
This summary was curated from Economic Times.