#rbi intervention

[finovohub]

Rupee logs best day in 7 years due to India-US trade deal; further gains depend on RBI intervention

https://img.etimg.com/thumb/msid-127890701,width-1200,height-630,imgsize-106112,overlay-etmarkets/articleshow.jpg The Indian rupee rallied 125 paise on Tuesday after the announcement of US-India trade deal lifted sentiments on the currency, logging its best day in seven years, LSEG data said. The rupee closed at 90.26/$ versus its previous close of 91.51/$1, and was unable to strengthen beyond…

Rupee logs best day in 7 years due to India-US trade deal; further gains depend on RBI intervention

[finovohub]

Rupee exchange rate: Rupee falls to 88.24 amid limited RBI intervention

https://img.etimg.com/thumb/msid-124861214,width-1200,height-630,imgsize-41576,overlay-etmarkets/articleshow.jpg Mumbai: The rupee dropped by 40 paise on Monday, closing at 88.24 against the dollar. The dip below the 88/$1 mark prompted traders to cut their rupee-positive positions. According to traders, intervention by the Reserve Bank of India was mild. It was also the rupee’s biggest…

Rupee exchange rate: Rupee falls to 88.24 amid limited RBI intervention

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Rupee recovers sharply on suspected RBI intervention

http://bit.ly/2KpF1lY #DollarSelling, #Forex, #RBIIntervention, #Rupee