Rupee opens at 93.59/$ vs previous close of 94.81/$ amid RBI curbs on net open positions

Rupee opens at 93.59/$ vs previous close of 94.81/$ amid RBI curbs on net open positions

The Indian rupee opened stronger today after the Reserve Bank of India introduced new rules. These curbs are expected to lead to banks selling dollars. However, importers and oil companies might buy dollars to hedge their positions. This comes as Brent crude …

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest new… [+330 chars]

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Rupee opens at 93.59/$ vs previous close of 94.81/$ amid RBI curbs on net open positions - FHMnews