Indian rupee steadies as RBI support offsets importer dollar demand
The USD/INR rate ended little changed after trading in a narrow range. RBI support helped offset rising dollar demand from importers amid a spike in oil prices and Treasury yields.
By Dharamraj DhutiaThe Indian rupee ended little changed on Wednesday after moving in a narrow range, as continued support from the Reserve Bank of India offset rising dollar demand from importers and the impact of a spike in oil prices and Treasury yields.The rupee FX_IDC:USDINR opened at 94.89 ag…