On Tuesday, the Indian rupee achieved its strongest close in nearly two months, settling at 94.95. Factors such as dollar offers and central bank interventions via nationalized banks played a key role in this upward movement. Additionally, the robust Q1 GDP growth and Reserve Bank dollar sales contributed to its recovery.
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.