India Rupee at Two-Month High as Central Bank Supports Currency
India’s rupee strengthened to a two-month high as the central bank, bolstered by record foreign-exchange reserves, stepped in to support the local currency through dollar sales.
By Bhaskar Dutta · Bloomberg Markets
India’s rupee strengthened to a two-month high as the central bank, bolstered by record foreign-exchange reserves, stepped in to support the local currency through dollar sales.