Reserve Bank of India pulls back rupee from the brink of 88 against dollar

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The rupee depreciated to a new low of 87.

The rupee depreciated to a new low of 87.95 prompting the central bank to intervene, dealers said.

Reserve Bank of India pulls back rupee from the brink of 88 against dollarThe rupee depreciated to a new low of 87.

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Category: BusinessFinance

Markets: IndiaCanadaChinaJapanMexico

Topics: Rupee RBI US Dollar Rate cut

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 21:24:15 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 762 words

Reading Time: 5 minutes read

Sentences: 31 lines

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Copyright Owner: © Business Standard

News ID: 26034460

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