The News Vista is dedicated to delivering accurate, timely, and unbiased news to keep our readers informed. We cover a wide range of topics including current affairs, politics, business, technology, and more.
The Reserve Bank of India likely intervened in foreign exchange markets. Elevated oil prices and corporate dollar demand pressured the rupee. State-run banks offered dollars, indicating central bank action. The rupee remained range-bound for two weeks due to sustained intervention. Geopolitical tensions and equity market weakness also impacted the currency.
