Rupee slump to 95.1/$ as oil climbs past $100, RBI taps swaps to drain excess cash
· thehindubusinessline.com
Rupee fell past the key 95-per-dollar mark on Wednesday, as escalating conflict in the Middle East put oil prices back on the boil, prompting likely central bank intervention to limit the South Asian currency’s losses.
Rupee fell past the key 95-per-dollar mark on Wednesday, as escalating conflict in the Middle East put oil prices back on the boil, prompting likely central ...