Rupee Faces Fresh Pressure, RBI Likely Intervenes to Check Sharp Fall
MUMBAI, Aug 17: The Indian rupee came under renewed pressure on Monday as rising crude oil prices and geopolitical uncertainty weighed on investor sentiment, with traders saying the Reserve Bank of India may have intervened to prevent a sharper decline.
The rupee slipped to around 95.49 against the US dollar in early trading before recovering some…
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