Finance
Big GuyRupee hangs tight, RBI saves the day from dollar drama!
Hey there! So, the rupee, our buddy, decided to chill at 91.99 per dollar on Friday, feeling the heat from the dollar like it’s in a sauna! RBI swooped in like a superhero, selling dollars to keep the rupee from hitting that scary 92 mark. Some folks are dreaming of a trade deal to lift the rupee, while others think it might just slide to 92.50. How you doin'?
few days ago | Anjali Kumari
Quick rundown
1.Rupee hits a new low of 91.99 per dollar.
2.RBI intervenes to prevent breaching 92 mark.
3.Dollar index rises to 96.77, adding pressure.
4.Kevin Warsh nominated to lead US Federal Reserve.
5.Trade deal hopes could stabilize the rupee.
