Indian rupee gains on central bank support

The Indian rupee strengthened modestly as central bank intervention and declining oil prices provided relief. Lower crude costs helped counter ongoing economic headwinds and persistent market pressures.

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Indian currency notes are seen at an automated teller machine (ATM) in New Delhi, India, April 3, 2025. REUTERS/Adnan Abidi

The India rupee rose 0.2% to 96.61 per dollar on Friday, supported by central bank intervention and lower oil prices.

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