MUMBAI, July 25 (Reuters) – The Reserve Bank of India likely bought dollars and conducted sell/buy swaps via public sector banks after the rupee reached a more-than-two-month high on Tuesday, three traders told Reuters. The rupee was last at 81.7950 to the US dollar, off the day’s high of 81.6750. …
Read More »The Indian rupee looks to build on momentum on positive Asian cues
MUMBAI, July 25 (Reuters) – The Indian rupee will be looking to rise further versus the US dollar on Tuesday, on the back of the rise in Asian currencies and positive risk mood. Non-deliverable forwards indicate the rupee will open little changed or slightly higher than the dollar, having reached …
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