Rupee edges little changed as RBI support offsets importer dollar demand
The rupee ended little changed Wednesday after a narrow-range move. Reserve Bank of India support offset rising importer dollar demand, while a spike in oil prices and Treasury yields weighed.
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 currency opened at 94.89 against the US dollar and briefly moved hig…