RBI likely intervened to support rupee after oil-price pressure
Six traders said the Reserve Bank of India likely intervened in the FX market on Tuesday to support the rupee amid high oil prices and weak portfolio flows. USD/INR was at 95.8150 per dollar, up marginally versus its pre-move level.
The Reserve Bank of India likely intervened in the foreign exchange market on Tuesday, six traders said, extending its market support for the currency as it faces high oil prices and weak portfolio flows. 8150 per dollar, up marginally from its pre...