Rupee Surge
The Indian rupee’s surge to a two-month high on Thursday signals a broader shift in the global economic landscape, influenced not just by domestic factors but by international dynamics as well.
The US dollar ended lower against the rupee at Rs 64.94/95 per dollar and the pound sterling also finished lower at Rs 85.14/16 at the close of the Interbank Foreign Exchange (forex) market here on Thursday.
Following are the interbank forex and RBI rates:
(In Rs per unit) Unit Interbank RBI Reference US Dollar 64.94/95 US Dollar Rs 64.8967 Pound Sterling 85.14/16 Euro Rs 75.3061 Euro 75.53/55 Japanese Yen (100) 57.
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