RBI closely monitoring rupee near 96 per dollar
RBI closely monitoring rupee near 96 per dollar. The central bank is actively managing currency volatility as the INR approaches 96 against the USD. This level is seen as a key threshold for intervention via dollar sales or rate adjustments. Sustained weakness could impact FPI flows and import costs.
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This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.