Business · Markets · 1 hr ago

Rupee Gains as India’s Central Bank Adds Currency Support Measures

Rupee Gains as India’s Central Bank Adds Currency Support Measures

India’s rupee extended its gains on Tuesday.

The Reserve Bank of India announced more measures to support the currency.

The rupee has faced pressure from high oil prices and money flowing out of the country.

The central bank’s steps are intended to support the currency amid those pressures.

The rupee’s gains show it rose as the measures were announced.

The specific measures and any further steps were not stated.

Sources

Related news