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India Rupee Review: Ends at over 2-mo high; RBI's dlr buys cap gains

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India Rupee Review

Ends at over 2-mo high; RBI's dlr buys cap gains

This story was originally published at 18:16 IST on September 20, 2024  Back
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The rupee ended at its highest level in over two months due to dollar sales for foreign fund inflows into domestic markets and a weakening dollar index, dealers said. However, state-owned banks' dollar purchases on behalf of the Reserve Bank of India and importers led to the Indian unit giving up some of its early gains, they said.

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