USD/INR Continues to Decline as RBI Intervenes; Investors Await US CPI Data.
Facebook LinkedIn Indian Rupee Strengthens on RBI Intervention, but Upside Remains Limited Amid Economic Concerns The Indian Rupee (INR) continued its upward momentum on Wednesday, supported by strong intervention from the Reserve Bank of India (RBI). Additionally, increased US Dollar (USD) selling by exporters and profit-booking by speculators provided further support to the local currency. […]