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Rupee strengthens to 95.38 amid RBI measures, global cues, and oil-window support, marking third straight gain.
The rupee strengthened for the third straight session on Tuesday and appreciated 42 paise to close at 95.36 against the US dollar, supported by various Reserve Bank of India
In early trading, the rupee appreciated by 82 paise against the US dollar, hitting 94.96, thanks to strategic moves by the Reserve Bank of India aimed at curbing dollar demand. Key actions included establishing a dedicated dollar window for oil firms and raising costs for hedging. Meanwhile, Brent crude prices fell to…