Rupee opens higher versus dollar after $127 billion FX inflow
The Indian rupee opened higher versus the US dollar on Sept. 3, gaining 67 paise to 94.30 per dollar after $127 billion was mobilised via foreign-currency non-resident bank deposits.
The Indian rupee opened higher versus the US dollar on September 3, after a massive $127 billion mobilisation through foreign-currency non-resident bank deposits far exceeded market expectations, bolstering the central bank's capacity to support the currency.The rupee opened higher by 67 paise at 9…