Rupee Hits One-Month High After RBI Supports Forex Curbs
The Indian rupee reached a one-month high after the Reserve Bank of India (RBI) endorsed strict measures to curb dollar demand and pledged to maintain currency stability. RBI Governor emphasized readiness to take further steps to defend the rupee and limit forex speculation. The rupee rose 44 paise to 94.92 against the U.S. dollar in early trading.
Reuters·




