Rupee ends nearly flat on seemingly RBI intervention
The Rupee ended nearly flat on Wednesday regardless of strong greenback demand from corporates, particularly oil corporations, as RBI seemingly intervened within the non-deliverable ahead market to forestall it from depreciating to a brand new low. The Rupee closed at 83.5450 per Greenback towards Tuesday’s 83.5650, which was an all time closing low Merchants say … Read more