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Rupee closes marginally higher against US dollar, RBI intervention seen
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Rupee weakness likely to pressure RBI on 50-bps rate hike: Analysts

The RBI's Monetary Policy Committee will announce its next statement on Friday.

Topics
Rupee | Rupee vs dollar | YES Bank

Bhaskar Dutta  |  Mumbai 



Photo: Brent Lewin/Bloomberg
Rupee pares most gains during day, closes at 81.85 against dollar

After strengthening sharply against the earlier in the day, the surrendered most gains by the end of trade as importers relentlessly purchased the greenback fearing fresh strength in the US currency, dealers said.

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First Published: Thu, September 29 2022. 19:06 IST

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