Rupee sees best single-day gain since June to close at 86.36 vs US dollar
- Posted on January 15, 2025
- By Business News Today
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Rupee sees best single-day gain since June to close at 86.36 vs US dollar
The Indian Rupee saw its best gain since June 3, strengthening to 86.36/$1 due to a softer dollar index and a contraction in the December trade gap. The Reserve Bank of India's interventions helped stabilize the currency after its recent all-time lows, ahead of key US inflation data.