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Rupee jumps 82 paise to 94.96 aided by RBI measures to curb dollar demand and speculative FX positions.
The Indian rupee strengthened 177 paise against the US dollar in two days to 94.06 following aggressive RBI market interventions. Key steps include a special dollar window for oil firms and tighter forex derivative rules to defend the Rs 97 level, though macro risks and FII outflows remain.
The Indian Rupee gained 44 paise against the US dollar, reaching 94.92, supported by RBI measures to curb volatility and speculative trading in the forex market.