Rupee Rises After RBI Announces Currency Defense Measures
The Indian rupee strengthened by around 1% against the US dollar following the Reserve Bank of India's announcement of new currency-defense measures. The rupee rebounded by 91 to 96 paise, closing near 95.75 to 95.80 per dollar in early trade. These RBI steps aim to stabilize the currency amid forex market fluctuations.
WSJ·



