Indian central bank likely shielding rupee as US-Iran impasses lifts oil prices, traders say

· thehindubusinessline.com

RBI likely intervened to prop up the rupee as oil prices rise amid stalled US-Iran talks, keeping it above 96 per dollar.

The Reserve Bank of India likely intervened ‌in the foreign exchange market on ⁠Monday, four traders told Reuters, as stalled US-Iran ‌diplomatic talks pu...


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