Poging GOUD - Vrij
Rupee rallies on RBI support
Financial Express Mumbai
|March 06, 2026
AFTER PLUNGING TO arecord lowadayago,the rupee bounced back sharply on Thursday, likely due to aggressive intervention by the Reserve Bank of India's (RBI),according to traders.
The domestic currency ended 55 paise or 0.60% up at 91.60 against the dollar after hitting an intra-day high of 91.41, emerging as Asia's top-performing currency.
On Wednesday, the currency had declined to a record low of 92.15 after the West Asia war intensified, which led to a spike in crude oil prices.
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