Rupee’s recovery faces test
· thehindubusinessline.com
The rupee appreciated about 0.5 per cent, or 48 paise, over the past week to close at 95.38 against the dollar on Tuesday. The local currency continued to benefit from positive foreign inflows, a softer dollar and lower crude oil prices. The Reserve Bank of India’s (RBI) recent measures have also lent support
The rupee appreciated about 0.5 per cent, or 48 paise, over the past week to close at 95.38 against the dollar on Tuesday. The local currency continued to benef...