Rupee Gains 40 Paise to Close at 95.38 Against Dollar
The rupee strengthened for a third straight session, with RBI measures aimed at reducing spot dollar demand and curbing excessive positioning cited as support. The close was provisional.
38 (provisional) against the US dollar. The move was supported by various RBI measures intended to reduce spot dollar demand and curb excessive positioning in the foreign exchange market. Forex traders said…