Latest Updates Around The World
The rupee recovered on Wednesday to close 65 paisa stronger at 90.38 per dollar, reversing a five-day freefall period after the central bank was likely to intervene in the foreign exchange market.The currency gained 0.7% from the previous close of 91.03, making it the best single-day performance in two months. “The correction can be attributed […]
The Indian rupee, which had fallen dangerously close to $91.1 after five consecutive sessions of losses, made a sharp turnaround on Wednesday after decisive intervention by the Reserve Bank of India. This halted a one-way decline and gave the currency its strongest daily gain in two months.The rupee closed at 90.38 per US dollar, up […]
