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RBI intervention likely supports rupee amid strong dollar, elevated crude prices and foreign fund outflows
Rupee rises 23 paise to 96.65 against the dollar in early trade amid softening US dollar and RBI cues.
💱 Rupee opens 6 paise higher at 96.72 against the dollar. 🛢️ A softer greenback offers support, but high crude prices and foreign outflows remain key concerns. ✍️ Anshul Majumdar explains the factors influencing the rupee. 🔗 https://lnkd.in/gHxTEFCu #Rupee #USDINR #CrudeOil #Forex #IndianEconomy