Indian Rupee opens higher on RBI intervention hopes
pre-market1 source ↓written by the desknot a recommendation
- against the US
- ₹88.60
- further losses beyond
- ₹89.10
The Indian Rupee opens at ₹88.60 against the US Dollar, gaining slightly after a holiday. Investors anticipate RBI intervention to support the currency, preventing further losses beyond ₹89.10. Recent US economic data has also provided a backdrop for this movement, impacting market sentiment.
Not investment advice. For informational purposes only.