The rupee gained 4 paise to 95.17 against the US dollar on August 10, supported by reduced Federal Reserve rate hike expectations. The RBI’s market intervention and stable oil prices have aided the rupee’s recovery, despite ongoing concerns regarding the Strait of Hormuz.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.
