Indian Rupee Reaches Two-Month High as Central Bank Intervenes to Support Currency

The Indian rupee strengthened to a two-month peak after the Reserve Bank of India stepped in to sell dollars, bolstered by record foreign exchange reserves stabilizing the local currency.

1 Sept, 06:57 — 1 Sept, 06:57

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bloombergHigh6h ago

India Rupee at Two-Month High as Central Bank Supports Currency

India’s rupee strengthened to a two-month high as the central bank, bolstered by record foreign-exchange reserves, stepped in to support the local currency through dollar sales.

By Bhaskar Dutta

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Indian Rupee Reaches Two-Month High as Central Bank Intervenes to Support Currency

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India Rupee at Two-Month High as Central Bank Supports Currency

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