India's Central Bank Likely Supporting Rupee at 96.31 Via State Bank Dollar Sales

GateNews

According to traders, India’s central bank may sell U.S. dollars through state-owned banks to support the Indian rupee today. The rupee traded at 96.31 against the dollar, recovering from an intraday low of 96.3850.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments