Rupee Edges Up on RBI Support
The Indian rupee nudged higher as central bank intervention and hawkish policy minutes boosted market sentiment. Softer dollar conditions and falling US Treasury yields also aided the currency.
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The India rupee nudged higher by 0.1% to 95.6050 per dollar on Thursday morning, supported by central bank intervention. State-run banks intervened by offering dollars to stabilize the local currency against persistent pressures.
