Rupee Gains, Banks Borrow, Surplus Vanishes—The Day That Shifted the Pulse

Unknown Apr 02, 2026 1,050 Views

The Indian rupee opened 0.2% stronger at 85.5050 against the US dollar on June 27, buoyed by easing global oil prices and a softer greenback. This marks a modest recovery from the previous close of 85.7050, reflecting improved sentiment amid global fiscal concerns. Meanwhile, the R...