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Source: The Hindu BusinessLine

The Hindu BusinessLine
Source
RBI & Policy
Category
2 min
Read time
01 Sept
Published
RBI & Policy
2 min read· The Hindu BusinessLine

Rupee at 2-month high on FCNR (B) deposit inflows, RBI intervention

The Indian Rupee recently touched a two-month high against the US Dollar due to strong deposit inflows. Heavy central bank intervention and high growth numbers helped the currency stay strong.

The rupee is on a winning streak, locking in its third straight day of gains and outperforming its Asian peers, thanks to a stellar domestic growth numbers

#RBI
Source: The Hindu BusinessLine