Rupee records strongest one-day gain in three years
pre-market1 source ↓written by the desknot a recommendation
- mark
- ₹90 per dollar
- reserves increased
- $1.68 billion
- reaching
- $688.94 billion
The rupee surged above the ₹90 per dollar mark, marking its strongest single-day gain in over three years, following a central bank intervention. Additionally, India's foreign exchange reserves increased by $1.68 billion, reaching $688.94 billion. This significant movement may enhance market sentiment and stabilize trading ranges for the USDINR pair.
Not investment advice. For informational purposes only.