USD vs INR: Indian Rupee jumps 1.6% to 93.19 per dollar after RBI curbs net open positions

USD vs INR: The Indian Rupee rebounded as much as 1.6% to 93.19 per dollar, against the US dollar in early deals, on Thursday, April 2, driven by the Reserve Bank’s decision to curb banks’ net open positions in the onshore forward delivery market.

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Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.

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