RBI helps rupee outperform peers in month marred by US election anxiety

The Indian rupee stayed stable due to central bank interventions despite pressure from rising odds of Trump winning the U.S. elections. Asian currencies saw fluctuations, but the rupee's volatility remained low. The RBI's actions countered significant foreign equity outflows, maintaining the rupee's value. Exporters are advised to wait, and importers should hedge on dips.