RBI dollar sales cap rupee losses near 96
USDINR
Statements (7)
- Bullish
The Indian rupee strengthened to 96.22 per dollar
- Neutral
The Indian rupee is expected to open in the 96.22-96.26 range to the dollar
- Neutral
RBI-backed dollar sales across spot and forward markets are capping losses and keeping the exchange rate below 96.00
- Neutral
RBI-backed dollar sales across spot and forward markets are capping losses and keeping the exchange rate below 96.00
- Bullish
The Reserve Bank of India likely intervened to support the rupee near the 96/USD mark by offering dollars through state-run banks
- Neutral
The rupee is expected to open at 95.94-95.99 per dollar after closing at 95.98
- Neutral
The Rupee tested 96 against the dollar