Rupee Holds Steady at 85.47/USD as RBI Liquidity Signals Calm Waters

Unknown Apr 02, 2026 650 Views

The Indian rupee opened nearly flat at ₹85.4725 per US dollar on June 30, reflecting a cautious yet stable currency environment amid global macroeconomic headwinds and domestic liquidity adjustments. The Reserve Bank of India (RBI) and government cash positions suggest a balanced monetary stance...