Rupee gains 15 paise to 96.81 against dollar, likely helped by RBI intervention
The Economic Times has reported a new India-focused economy development: “Rupee gains 15 paise to 96.81 against dollar, likely helped by RBI intervention.” The publisher's feed describes the story as follows: Indian rupee strengthened by 15 paise, closing at 96.81 against the US dollar. Regulatory actions seemed to influence this positive movement after a low of 95.94. The Reserve Bank of India intervened, aiding the local currency amid concerns over high crude prices. Exporters sold dollars in
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