BusinessPhoto: Firstpost BusinessJio IPO Inflows Boost Rupee to Strongest Since September
The Indian rupee rose 0.5% to its strongest level since early September, driven by foreign inflows from Jio Platforms' $3.2 billion IPO. Despite Brent crude prices exceeding $110 per barrel and declining equities limiting gains, the rupee's demand was notably supported by the IPO-related investments.
Firstpost Business·



