India Rupee Climbs on Oil Relief, Central Bank Valuation Comment
India’s rupee strengthened as oil prices dropped on hopes of a US-Iran deal and on comments by the central bank Governor that the currency may be undervalued.
By Bhaskar Dutta · Bloomberg Markets
India’s rupee strengthened as oil prices dropped on hopes of a US-Iran deal and on comments by the central bank Governor that the currency may be undervalued.