2025-07-02 19:25
IndustryRupee Gains Despite Weak Dollar
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Rupee Gains Despite Weak Dollar; RBI Strategy Matters
USD/INR traded in a tight 85.52–85.64 range with modest rupee strength, as RBI’s tolerance for volatility fostered higher corporate hedging activity . While global dollar weakness helps, sovereign reserve-building and muted inflows curb gains absent new positive catalysts like trade deals.
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Rupee Gains Despite Weak Dollar
Thailand | 2025-07-02 19:25#communityAMA
Rupee Gains Despite Weak Dollar; RBI Strategy Matters
USD/INR traded in a tight 85.52–85.64 range with modest rupee strength, as RBI’s tolerance for volatility fostered higher corporate hedging activity . While global dollar weakness helps, sovereign reserve-building and muted inflows curb gains absent new positive catalysts like trade deals.
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