Rupee steadies near 96/USD as outflows weigh, RBI intervention cushions
By Jaspreet KalraThe Indian rupee held near the 96 per dollar mark on Wednesday as dollar demand driven by foreign portfolio outflows weighed on the currency while central bank intervention provided support.The rupee FX_IDC:USDINR was at 95.97 per dollar at 11:30 a.m. IST in Mumbai, little changed…