Foreign Inflows Drive Rupee to Multi-Week High, Forcing Bears to Exit
On Thursday, March 20, the Indian Rupee touched its two-month high of 86.36 against the US dollar. This was its best since January 24, making bearish traders exit. The currency has been high in the last few days, marking a 1.2% appreciation over the past seven trading sessions. This is likely boosted by foreign inflows … Continue reading Foreign Inflows Drive Rupee to Multi-Week High, Forcing Bears to Exit
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed